Merchants' Credit Guide Company address is a Mailbox Chicago Illinois

Janet:

Steve is right that you can send a dispute letter at any point in time. The FDCPA specifically states that a failure to dispute within the first 30 days does not constitute an admission of liability by the consumer.

However, keep in mind that after the first 30 days the collection agency can operate under the assumption that the debt is valid and can continue to send collection letters and make phone calls unless you (1) dispute the debt at some point, or (2) send them a cease communications letter.

Once the collector received a dispute letter (no matter when it's received), they must stop collections until they obtain proof of the debt and forward it to the consumer.

If you choose to just send them a cease communications letter, they must stop contacting you completely, except for a final letter informing you what they intend to do (go away, file suit, send the debt back to the original creditor, etc.)

And be aware that using the Statute of Limitations defense when sued for a debt might not always work, junk debt buyers can and do get their hands on debts prior to the running of the SOL (which is different in every state). So be informed of what you state's SOL is on debts and compare it to the age of the debt. A better defense would be to attack the validity of the debt or their right to sue for the debt (or their assignment agreement), as not every JDB has the right to sue.

Janet,

That thirty day period or the debt is considered valid is BS. It is only for internal use of the collection agency and in no way affects your rights as the debtor, as per the FDCPA.

You can ignore them altogether, and your rights are unaffected.

And, that address they use IS NOT a private mailbox/MBE. It is an actual building, and they are on the 9th floor. I have already investigated them when I did battle with them.

Posting information here on Rip Off Report is a good thing, as long as it is accurate.