If you are not sure that a debt collector contact you first thing to do is send a letter to the collection agency debt validation is constantly calling. The purpose of this letter is to ensure that the collection company is entitled to collect your money first.
Suppose you paid the debt collector. Later in the way, the original creditor calls you and says that still I have the money they have paidthe creditor, as they were not related to collection agency anyway.
It is here that the debt validation kicks in. According to the Law Fair Debt Collection Practices you are entitled to an agency to validate a debt. The purpose of this law is to protect consumers who are constantly facing agencies collection. You have 30 days after first talking to a debt collector to send a validationletter. If your rights are protected.
Below is an example of a validation letter should be sent to collections agency.
Procter & Smyth Collection Agency
1700 East 33rd Street Baltimore, MD 21 251
To whom it may concern,
My name and surname. I write because I recently contacted the company about a debt that the company claims I owe. This is not a refusal to pay, but I do not remember do business with this company and I wonder if you can legally raise money for my share of that debt.
The fair debt collection Practices Act, 15 USC Section 1692g. 809 states that allowed me to challenge this course. I chose to exercise that right. They are, therefore, choose to exercise that right as I can legally.
This note is a request that I send these documents to verify> Debt: The name and address of the original creditor, is calculated as the sum which I must say that I, and the license that you are legally able to work in my state.
I am aware of my rights under the debt collection fair practices act, which says it is unable to collect the debt groping me until you validate this debt. They are also aware that their company is not allowed to put negative or derogatory / misleadinginformation on my credit report. If you find that you have violated this law will call my lawyer and take legal action.
If you do not get an answer on this issue in 30 days and no longer have to grope for the right to collect a debt. You are not allowed to communicate with my wife, lawyer, or anyone who might be connected with this is the law, please respect my legal rights.
From here on out is just to contact me in writing thisletter. The purpose of this note was left to arrange their files of an account that I am legally challenging.
Sincerely,
Surname
Nationwide presenceo of debt collection companies is a bonus for people across any country.Same goes with the license.A collection company should be licensed in the state which it is operating in. It should possess the Federal law approvals for debt collection.
ReplyDelete