Debt Verification Letter

Be advised this is not a refusal to pay but a notice sent pursuant to the Fair Debt Collection.

Debt verification letter. Do not admit to owing the debt or make any reference to payment. Contents of a debt validation letter Based on the Fair Debt Collection Practices Act debt collectors must provide you with a debt validation letter which contains information regarding the debt in question. This is NOT a request for verification or proof of my mailing address but a request for VALIDATION made pursuant to 15 USC 1692g Sec.

In a perfect world the term debt verification letter rather than a debt validation letter would be used to describe the written correspondence to a debt collector requesting proof a debt is legit. There is no contract. There are no statements.

But your rights only exist in certain situations and the collectors duties to verify are more limited than you may think. When debt buyers or collection agencies are assigned debt it is generally done by way of an Excel spreadsheet. Heres how to request this letter and what comes next.

Use this letter and the following form to make the agency verify that the debt is actually yours and owed by you. Following is a sample debt validation letter that you can use to request the creditorcollection agency verify that the debt is actually yours and you are legally bound to pay that debt. Debt collectors must abide by federal laws in responding to your request for verification.

The debt validation letter is sent by a consumer to verify a debt by providing evidence of the claim. However if the person thinks that they do not owe this debt then they can challenge it with a verification letter. This means that they have to provide a number of details about the loan in question.

How to Request Debt Verification. You are not required to give any details about your debt. The right to know how the debt was incurred is guaranteed to all consumers through the Fair Debt Collection Practices Act.