0
Depends on who your asking. The first-party, or original creditor, is not require to provide you with any validity notice and is generally not required to have to "prove" the debt to you, that in the end is what the civil legal system is for. However, if a debt collector attempts to collect a debt they are required by law to provide you with a notice on their first letter giving you the right to dispute the debt and to request it to be verified. However, if you do not request this within that first 30-days they can keep trying to collect and do not have to accept your request afterwords. Now if you properly requested then to verify the debt, they are required to stop all collections actions, verify the debt, and provide you with a notice telling you the original credits name, date of origination, and amount. Generally debtors try to use the verification process to provide a list of proof like a copy of a signed agreement, which the collections agency is not required to obtain or send back.
What else can I help you with?
Can you provide me with a verification of debt letter?
Yes, I can provide you with a verification of debt letter.
What information should be included in a debt verification letter?
A debt verification letter should include details such as the amount of the debt, the name of the creditor, the date the debt was incurred, and a request for validation of the debt.
How can one pay your credit card debt?
The best way a person can pay their credit card debt is by getting a job to earn money to pay off the debt. By being wise about how their money is spent, a person can begin to pay off the debt without creating more.
Can you provide me with a debt validation and verification letter?
A debt validation letter is a written request asking a creditor to provide proof that a debt is valid and belongs to you. A debt verification letter is a written request asking a creditor to confirm the details of a debt, such as the amount owed and the creditor's information.
Can cosigner pay off debt without borrowers consent?
yes
Can you provide me with a verification of debt letter?
Yes, I can provide you with a verification of debt letter.
What information should be included in a debt verification letter?
A debt verification letter should include details such as the amount of the debt, the name of the creditor, the date the debt was incurred, and a request for validation of the debt.
What are your rights if a collection agent has recently began calling about the balance due on a 13-14 year old repossession?
DID the lender get a judgment for the balance due? Demand verification of the debt from CA. NO verification, NO PAY...
How can one pay your credit card debt?
The best way a person can pay their credit card debt is by getting a job to earn money to pay off the debt. By being wise about how their money is spent, a person can begin to pay off the debt without creating more.
Is it legal for a law firm to renew a civil suit on a leased vehicle repo ten years later and demand money?
Likely it is, but without knowing what state you are in, who can tell?? Simply tell them you want verification of the debt. IF they provide it, you will have to pay. IF NOT, forget it.
Can you provide me with a debt validation and verification letter?
A debt validation letter is a written request asking a creditor to provide proof that a debt is valid and belongs to you. A debt verification letter is a written request asking a creditor to confirm the details of a debt, such as the amount owed and the creditor's information.
Can cosigner pay off debt without borrowers consent?
yes
Can you provide me with a debt collection verification letter?
A debt collection verification letter is a document that requests proof of a debt from a collection agency. It should include your name, address, and the debt amount you are questioning. You can find templates online or request one from the collection agency.
How good are debt management plans?
Debt management plans are very effective in paying helping you pay off your debt without affecting your credit score. The sooner you pay off your debt, the less stressed you will and the better your credit score will be.
Can you be forced to pay the balance due on a repossession from 1986?
Demand VERIFICATION of the debt. Dont say or do anything until you have verification in your hand. THEN you can prceed to make a plan. Someone somewhere had to have gotten a JUDGEMENT against your husband for the balance owing. The judgment has to be in effect for them to try to collect.
What term is used for a person who came willingly to America and worked without pay?
The term used is "Indentured Servant". This was a person who worked without pay to pay off his debt of being transported to America.
How difficult is it for someone to pay off their debt without debt resistance?
Debt resistance should be no hindrance in paying down any kind of incurred debt. Ultimately, the biggest hindrance for most people is the lack of income beyond the necessities to pay for certain debts like student loans.
