How do you dispute the paid collection account or how do you phrase the dispute since it is a valid item on the report?

You're question is really confusing. If you are talking about a collection account in which you paid, you should have gotten a check back from your bank if paid with a check. Or you can contact your bank for a duplicate copy of the check. Or you should have gotten a copy type of statement that serves as a reciept. If you are refering to getting a collect account off your credit report, you can place a call to the company that left the mark on your credit and ask them to have it removed. You can also do that with medical bills. Send written correspondence of no more than 100 Words to all three major credit bureaus, citing the creditor, the account number and the applicable dates. Do not send copies of statements, cancelled checks, etc. The credit bureaus DO NOT take the Word of the consumer that the account has been paid or satisfied. The creditor will be contacted to either confirm or deny the consumer's claim. If the claim is found valid the entry will be corrected, if the creditor does not confirm the account has been paid or settled the negative entry will remain. The consumer's letter will be placed in his or her credit file.