This letter should include your name, the debt amount, the delinquent account and your consumer rights regarding debt collection. It’s essential you pay close attention to the validation letter ...

Having an erroneous collection account on your credit report isn't a life sentence, though. There are laws in place to protect you from being held responsible for debts you don't owe. These laws allow ...

Have you ever received a call from a collection agency or debt collector? While this can be quite alarming at first, it's important to stay calm. Check Out: You Can Get These 3 Debts Canceled ...

Led by Sens. Bob Menendez, D-N.J., and Sherrod Brown, D-Ohio, 19 Democratic and two Independent senators have signed a letter expressing their concerns that the proposed update to the Fair Debt ...

By sending your debt validation letter within 30 days, you’re asking for this additional documentation, and the agency must stop collection activity while it works to validate your debt. The 30 ...

Generally, you should send a debt validation request if you’re contacted by a collection agency and you don’t recognize the debt. Send a validation request within 30 days of receiving contact ...

Debt collectors must provide a debt validation letter to confirm details of the debt, including the amount. Don't act until you have your validation letter. Personal Finance.

If you’re contacting a collection agency or debt collector to request a debt validation letter, here’s what you should include in your debt verification letter, according to USA Today: Your ...

When a debt collection agency contacts you about a past-due balance, the debt may not actually be yours. Federal law gives you 30 days to request that the collection agency validate your debt ...