What does a Debt Validation Letter do?
It tells the Collection Agency that you are not denying this alleged debt but are challenging it. It asks them to list all the information that they have against you and this alleged debt. Notice I am saying ALLEGED DEBT. Even if this is your legitimate debt do not admit to it over the phone or in person. If you should so happen talk to a collector NEVER admit the debt. Tell them to send proper validation or ask them for their Address for you to send a Validation letter. Once the collection agency receives this letter they must stop reporting the alleged debt to the credit report agencies. Make sure you contact the CRA’s and tell them you have sent them a letter to verify your debt. Debt Validation makes the company prove the debt is yours or forces them to back off. Should I send a Debt Validation Letter? Yes. If you receive a Collection Letter especially from a Collection Attorney or Collection Agency in your state, take notice at the bottom or somewhere on the letter that they are g
