A debt validation letter can be a valuable tool in protecting yourself against debt collectors. It is required that a collection agency validate any debt that they are trying to collect on. Again, this requirement only applies to 3rd party collectors.
It should be noted that I do not approve of using this letter as a stall tactic, meaning if you know the debt is valid and you owe it, this letter is not for you. However, the following cases are good uses of this letter:
- The debt is or may be past the Statute of Limitations in your state.
- You have no knowledge of the debt.
- You don’t agree or are unsure of the amount they claim you owe.
- The debt is disputed (you don’t feel you legally owe it).
- The debt is on its second, third, or forth collection company.
Click below for an link to the document or paste from below.
Company Name and Address
Today’s Date
Your Name and Address
Dear Sirs,
I am writing in response to phone call/letter received from you on date xx/xx/xx. Pursuant to my rights under federal debt collection laws, I am requesting that you provide validation of this debt.
Note this is not a refusal to pay, but a request that your offices provide me with evidence that I have a legal obligation to pay you.
Sincerely,
SIGNATURE
