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If the creditor or debt collector cannot provide you with the requested documentation to prove the account and amount are true and accurate then take a copy of this article and the response from the collector or creditor to a local attorney and ask them to step in.
When you are contacted by a debt collector about a personal debt, you have the right to demand that the debt collector verify the debt before taking additional action to collect the debt.
Now usually, what they send you does not constitute a “legally validated debt”.
If you truly understood the scope of what is required for them to provide to you, you might even be able to eliminate the debt.
I am often asked, exactly what do you mean by Debt Validation? In simple terms, it requires that a creditor produce original documentation to support his demand for payment of the debt.
Debt Validation is like many things–you know it when you see it. It is really amazing that after all these years and enforcement of this part of the Fair Debt Collections Act, how many collectors fail to provide validation, by the way, the original credit card agreement you signed when you received the credit card, is the actual contract.
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.
Here is what the state says the validation of debts is.
You need Fats to produce some original documentation, not some made up copy.
Accordingly, we will cease collection efforts immediately”. Gone, because someone knew enough to request the right thing.
The validation idea holds true basically, for any type of debt, including Mortgage notes!
It’s probably the least expensive way to accomplish this goal.
You don’t need to write a fancy letter, just write a letter saying you dispute the validity of the debt and you would like the collector to provide the following items: If you happen to live in Massachusetts you can reference 940 CMR 7.00: Debt Collection Regulations statute.