Can One Send A Debt Validation Letter At Any Time

Can One Send A Debt Validation Letter At Any Time

According to the FDCPA, a letter requesting validation must be sent within 30 days of a debt collector's initial communication. An initial communication is usually the first debt collection letter which contains the 30-day notice found in § 1692g(a) of the FDCPA. Once a debt collector receives a timely validation request, it must cease collection efforts until it validates the debt.   It cannot send more letters or make phone calls requesting or demanding payment. In the event that it is reporting the debt to the credit reporting agencies, it cannot update the collection entry EXCEPT to report that the debt is disputed. Reporting the fact that the debt is disputed is a requirement in § 1692e(8) of the Act.

    • Related Articles

    • What If One Never Received A Collection Letter

      In the event that a consumer has never received a collection letter from a collection agency, a collection entry (also known as "tradeline" or "TL") on a consumer's credit report can be considered an "initial communication" triggering a consumer's ...

    • Can One Stop Debt Collectors From Contacting and Calling

      Yes. If one wants all debt collection contact to stop, and it is a debt collection agency rather than the original creditor who is contacting/calling, one has the right to request that they not contact the debtor again. This request must be in ...

    • Does Debt Removal Secrets Work For Business Debts (LLC, Corporation, Etc.)

      The FDCPA applies only to the collection of debt incurred by a consumer primarily for personal, family, or household purposes. It does not apply to the collection of corporate debt or debt owed for business or agricultural purposes. Despite this ...

    • What Is The Letter of Banking Authorization

      The Letter of Banking Authorization gives a third-party the ability to perform a banking action on behalf of the trust, which can be limited or unlimited in it's latitude (e.g. just open a bank account one time OR transact with bank accounts as seen ...

    • Judge Said Original Note Is Not Necessary | Verification of Debt

      This is a blatant misrepresentation to keep one from exposing the truth. The Judge is in most cases using the words VALIDATION and VERIFICATION interchangeably, but they are very different in their meanings. The Chaudhry v. Gallerizzo case upheld a ...