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Validation of Debt

Date: Thu, 04/26/2012 - 15:04

Submitted by tommyhtruong
on Thu, 04/26/2012 - 15:04

Posts: 21 Credits: [Donate]

Total Replies: 3


Hi,

Can I still send a validation of debt letter to a collection agencies if I receive a collection letter from them three or more months ago? Is there a time for sending this letter to them?

Thanks in advance


Quote:


Under the FDCPA, debt collectors (collection agencies or CAs) are required to send you a debt validation notice within 5 days of contacting you to collect a debt. The notice informs you that you have the right to validate/dispute the debt within 30 days of receiving the letter. If you don't dispute the debt (or request validation of the debt) within the 30-day period, the collector has the legal right to assume that you agree the debt is valid.


Source: DebtConsolidationCare.com


lrhall41

Submitted by NathanielCopeland on Thu, 04/26/2012 - 23:05

( Posts: 272 | Credits: )