You need a debt verification letter to verify your debt with the original creditor. The letter is primarily used to dispute/verify an item on your credit report with the creditor. You can send this letter via certified mail to request your original creditor to prove that the debt is really yours. Under FCRA, the creditor is required to comply with the verification request. In case the creditor fails to verify the debt, then you can file a law suit against him/her. To get more details, check out the sample debt verification letter.
ya gotta love lawyers for some things huh! please...
ya gotta love lawyers for some things huh! please let me know if any of those laws have changed and any of those rules have changed ,example; proof of debt and statute of limitations. there must be state to state differences. but its very clever and what ever slows there collection process
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.