If there is a collection you don't recognize than you can try the «verification of debt» letter you can click here for my view
on Validation of Debt letter.
, establishing legal protection from abusive debt collection practices... The statute's stated purposes are: to eliminate abusive practices in the collection of consumer debts, to promote fair debt collection, and to provide consumers with an avenue for disputing and
obtaining validation of debt information in order to ensure the information's accuracy.
From Wikipedia, «The Fair Debt Collection Practices Act (FDCPA), is an amendment (codified as 15 U.S.C. § 1692), establishing legal protection from abusive debt collection practices... The statute's stated purposes are: to eliminate abusive practices in the collection of consumer debts, to promote fair debt collection, and to provide consumers with an avenue for disputing and obtaining
validation of debt information in order to ensure the information's accuracy.
The FDCPA requires that within five days of initially contacting you about the alleged debt, the collection agency must send you
written validation of the debt.
After requesting
Validation of a debt from a debt collector, they sent me a copy of a note with my name on it, but no signature.
Should you receive collection notices, Legacy will send
a Validation of Debt (VOD) letters to your collectors demanding them to verify the information on the account they are attempting to collect on.
These upgraded services feature other assistance including creditor intervention,
validation of debts, and monthly analysis of the consumer's credit score.
For our clients, we always include a cease and desist in
our validation of debt letters to all debt collectors.
Only use
the Validation of Debt letter when you do not recognize the debt and have been unsatisfied with the responses from the collection company.
A validation of Debt is a formal request on the original service agreement from the original creditor.
The time to take back your credit is now, use
the validation of debt letter and save yourself the $ 1000's you would pay a credit repair person.
Hi everybody Dave Sullivan here for The Credit Guy TV this time I want to talk about
the validation of debt rule.
The Validation of Debt letter is not something you should think of as a quick fix.
Before you panic over a debt collection call, be sure to request
a validation of the debt and make every effort to eliminate the debt should it prove to be one your legally are responsible for paying.
Validation of Debt (VOD) is a process that can be very effective in the credit report dispute process when dealing with collection agencies.
Buried in these rules is a section on
the validation of debts that can serve as a guide on what it really means to validate a debt.
I requested my dental office to send
me validation of the debt.
If they do not provide it, make a complaint to the company itself, and maybe even to the CFPB (a government entity), advising
them that validation of the debt was not received.