How to Write a Debt Validation Letter to Collection Agency

Stop Debt Collectors How to Write a Debt Validation Letter to Collection Agency

How to Write a Debt Validation Letter to Collection Agency

Knowing how to negotiate with debt collectors is a valuable skill in today's age of growing consumer debt. Whether you are worried about medical debt, ERC debt collection, or wondering can debt collectors take your stimulus check, DoNotPay has the answers.

Consumer debt is a growing problem in America, with one out of every three adults currently having an unpaid account in collections. Last year, consumer debt grew to $15.24 trillion, with credit card spending reaching a staggering $804 billion. This astronomical debt has consumers wary and unable to keep up with their bills as they try to figure out how to deal with debt collectors.

With so much unpaid debt in this country, it is not unusual for accounts to get mixed up, with mistakes quickly becoming a common occurrence. Many debt collectors are even contacting people about old debts, knowing that the statute of limitations on debt collection has passed. If you are unsure if the debt belongs to you, it is crucial to send a letter to the collection agency disputing the validity of the debt.

DoNotPay can show you how to send a debt validation letter to collection agency to make sure the account is truly yours. Our products can show you how to find help with bills, provide you with a collection agency debt validation letter template, and help you take the necessary steps towards regaining financial freedom.

Understanding the Fair Debt Collections Protections Act (FDCPA)

The Fair Debt Collections Protections Act(FDCPA) was established to ensure all consumers are treated fairly by debt collectors. Anyone attempting to collect a debt must strictly adhere to the guidelines put in place by the FDCPA. These requirements include:

  • Sending an FDCPA debt validation letter within five days of contacting you for the first time
  • Stopping all collection actions until the debt in question is verified
  • Not contacting friends or family members in an attempt to collect the debt
  • Not calling you outside of regular business hours
  • Respecting your request to stop calling your home or workplace

What is a Debt Validation Letter?

Knowing how to request verification of the debt from a collector is essential to protecting your credit score and avoiding the stress of receiving phone calls about an account that does not belong to you.

A debt validation letter is a correspondence sent to a debt collection agency by an individual requesting proof of the outstanding balance due. It is also a valuable tool when requesting verification of the statute of limitations for collecting the debt.

When you need to send a dispute letter to a debt collector, DoNotPay can help. We can show you how to send a debt collector a validation request and help you prepare a debt validation letter to collection agency.

How to Write a Debt Validation Letter to Collection Agency

To write a debt validation letter to collection agency, DoNotPay recommends including the following information:

Contact InformationAlways include your full name, current mailing address, and phone number if you want to receive calls. If not, be sure to include your preferred communication method.
Identifying InformationInclude the account number provided in your initial contact with the debt collection agency. There is typically a reference number on any letter you may have received. If you spoke with someone on the phone, they should have provided you with this information.
Request for Debt ValidationIn the first paragraph, state that you are disputing the claim and requesting validation of the debt. Be clear that you are not refusing to pay but rather questioning the validity. Next, state that under the Fair Debt Collection Practices Act (FDCPA), you are within your rights to request the debt be validated before moving forward.
Request to Cease and DesistRequest all collection activity stops while the case is under investigation. Inform the debt collector that you need 30 days after receiving supporting documentation to research the matter.

What Information Does a Debt Collector Need to Provide?

To validate a claim, a debt collector must provide you with the following proof:

  1. Verification from the original creditor that the collection agency is authorized to collect the debt on their behalf.
  2. An agreement that bears your signature saying you agreed to pay the debt.
  3. Any judgments that are in effect for the debt in question.
  4. The name and address of the original creditor.
  5. The account number and amount of the alleged debt.
  6. The date of the initial transaction.
  7. All history of delinquency and charge-off status.
  8. Name of the collection agency bonding agent if legal action is needed.

Sending a debt validation letter to collection agency will temporarily stop unwanted phone calls and provide you with the information you need regarding the debt in question.

How to Send a Debt Validation Letter to Collection Agency By Yourself

Writing a debt validation letter on your own can, at first, seem intimidating. There is a lot of information needed for the collection agency to take your request seriously. You may be wondering:

These are common concerns that cause unnecessary stress. Rest assured, our product can guide you every step of the way. DoNotPay can help eliminate frustration and help you take control of your finances, putting an end to collection calls once and for all.

How DoNotPay Can Help You Draft a Debt Validation Letter to Collection Agency

Instead of dealing with a debt collection agency on your own, DoNotPay can guide you through the entire process, making it super easy to get results.

Here's how it works:

  1. Search "debt collection" on DoNotPay.

     

  2. Answer a series of questions about the debt collectors, including when you were contacted and how you were contacted, so we can determine if they have violated any debt collection laws.

     

  3. Decide which course of action you want to take based on our guidance, such as filing a debt verification request, demanding for the collectors to stop contacting you, or reporting them to the CFPB.

     

Why DoNotPay is the Perfect Solution

Using DoNotPay to send a debt validation letter to collection agency is:

  • Fast—In just a matter of minutes, DoNotPay can show you how to write a debt validation letter. There are no complicated websites, confusing templates, or tedious forms to deal with.
  • Easy—The automated system asks you a series of questions to determine the best way to handle your claim.
  • Successful—You will have peace of mind knowing you will receive proof of the alleged debt.

What Else Can DoNotPay Do?

Aside from helping you get debt validation, DoNotPay can also show you how to:

There has never been a better time to start using DoNotPay. We can not only show you how to send a debt validation letter to collection agency but can also take care of a host of other equally important issues. With round-the-clock assistance, DoNotPay is like having a personal assistant to help you handle even the most difficult tasks.

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