That is, prove that there is a debt that you owe. Dispute the debt in writing: If you send in a timely dispute, the debt collection agency must stop collecting the debt until they have provided that validation.
Include the essential elements of the dispute letter. That unless you dispute the debt within 30 days of the receipt of that letter, they can assume it is valid.
You can dispute the debt over the phone when the collector calls you. Identify the original creditor and provide their current contact information; 5.
Therefore, if you have already reported this debt to any credit-reporting agency, such as Experian, Equifax or TransUnion, then you must immediately inform them of my dispute with this debt.
By federal law, credit bureaus must verify the debt is accurate and send you a confirmation of its validity or remove the item from your credit report. If the collection agency can verify the debt, it can resume collection activities.
The collection agency may request further documents or information. Dear Sir or Madam: Below is a sample of a dispute letter to collection agency.
Provide me with the contact information for your Registered Agent for Service of Process.
Also be advised that I am keeping very accurate records of all correspondence from you and your company, and I will not hesitate to report violations of the law to my State Attorney General, the Federal Trade Commission and the Better Business Bureau.
According to the Fair Debt Collection Practices Act FDCPA that controls collection agencies, consumers may dispute debts if they send a collection agency dispute letter within 30 days of receiving the notice.
I have disputed this debt; therefore, until validated, you know your information concerning this debt is inaccurate. If the consumer ignores the debt collection letter, it will not go away.
Allow at least 60 to 90 days after disputing the account with the credit agency and order a copy of your credit report from Trans Union, Experian, and Equifax to ensure the item is no longer being reported. Furthermore, reporting information that you know to be inaccurate or failing to report information correctly violates the Fair Credit Reporting Act.
I am fully aware of my rights under the Fair Debt Collection Practices Act and the Fair Credit Reporting Act and I know that because I have disputed this debt in writing within 30 days of the date of your bill, you must obtain verification of the debt against me and mail these items to me at your expense.
The collector, at this time, does not have to validate the debt or provide you any documents, but at least they are on notice of the dispute, and must notify any credit reporting agency they communicate to that the debt is disputed.
Speak with a person who has the authority to make decisions regarding collection accounts. If you are overhead in debt and thinking about filing a Chapter 7 or Chapter 13 bankruptcy please feel free to contact us. The letter can be sent by certified mail with a receipt request, so the consumer is sure it was received by the right person.
The dispute letter should also include a citation to the Fair Debt Collection Practices Act--particularly Section b and a disclosure that you are keeping records of all communications initiated by the collection agency, advises The Consumerist website.
You have an absolute right to dispute the debt. Name of Company you represent, Account Number. Documentation showing that you are licensed to collect in my state; and 8. The consumer should keep copies of all correspondence with the collection agency and with the original creditor if applicable.
If you dispute the debt, then anytime the collector reports that debt to a credit reporting agency, then they must report that the debt is a disputed debt. Lawyers collecting debts are under the same obligation to provide you validation. You can always tell them it is disputed.
A copy of the credit report or bill that was sent to the consumer may be included with the letter. Should the representative be unwilling to transfer your call, politely thank him for his time, note his name and time of call, then end the call. A detailed accounting of what the money you say I owe is for; 2.
The letter should be very specific about the account that is being disputed. If the debt cannot be validated by the collection agency, do not assume the account will not continue to appear on your credit report. Filing a lawsuit is a collection activity. If the collection agency is in the wrong, the records of communication will become essential in a court case.
Format the letter thusly:Debt Settlement Letters and Sample Letters on Debt and Credit letters on this page will help you negotiate and validate your debts and understand how to deal with creditors or collection agencies (CA) in writing.
Choose from the list of debt negotiation letters, debt collection letters, and credit report dispute letters to contact the. reporting agencies. If you have already reported it, please contact the credit reporting agencies, inform them that the debt is disputed, and ask them to delete it from my credit report.
Reporting information that you know to be inaccurate, or failing to report information correctly, violates the Fair Credit Reporting Act. If a debt collection agency tells you that you can't or that your time is up to dispute the debt, that is untrue.
Call us for a free consultation. You do have the right to dispute the debt - at any time. When a debt collector first contacts you, they typically send you a letter telling you who they are, what debt they are collecting, and how much you owe. Use this sample to draft a letter disputing errors on your credit report.
Your letter should clearly identify each item in your report you dispute, state the facts and explain why you dispute the information, and request that it be removed or corrected.
Use this letter and the following form to make the agency verify that the debt is actually yours and owed by you. Keep a copy for your files and send the letter registered mail. We have more sample credit repair letters for you to use. Sample Letter: Disputing a Debt with a Collection Agency [Date] [Collection Agency Name] [Collection Agency Address] [Re: Your account number, if known] To Whom It May Concern: I wish to dispute the following charges that your company is attempting collection of: [List charges].Download