Validating debt with collection agency
Also be advised that I am keeping very accurate records of all correspondence from you and your company including recording all phone calls and I will not hesitate to report violations of the law to my State Attorney General, the Federal Trade Commission and the Better Business Bureau.I have disputed this debt; therefore, until validated you know your information concerning this debt is inaccurate.You could try to use one of our debt settlement methods to deal with a collection agency, but you might want to try debt validation first.Before you do, you need understand the dos and don'ts of debt validation.They are violating the FDCPA if they are claiming you are being sued when, in fact, you are not.Here is a debt dispute/debt validation letter you can use. Dear Sir or Madam: Your office has been calling me about a debt you claim I owe but which I have no knowledge of.If they call you gain after that, they will be violating the FDCPA.Do not worry about getting served with a lawsuit unless or until it actually happens.
However, if you wish to dispute a debt, it is in your best interest to do so in writing.
TO DEBT COLLECTOR: CEASE AND DESIST LETTER - WITH DISPUTE OVER DEBT (Demand for Validation) Your Name Your Address City, State, Zip Date: Name of the Collection Agency Address City, State, Zip Re: Acct #XXXXX Whom It May Concern: This will serve as your legal notice under the federal Fair Debt Collection Practices Act (FDCPA), to cease all communication with me in regard to the debt referenced above.
Do not contact me, or any third parties regarding this debt.
The best way to start dealing with a debt collector, is to understand just what we mean by debt validation.
Let's say you borrowed money from your friend, Paul. As times goes by, you think you might still owe Paul money but you are not sure how much.