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Fair Debt Collection Practices Act (FDCPA) § 1692-1692p). Third-party debt collectors are prohibited from engaging in unfair, deceptive, or abusive practices while collecting these debts. Under the FDCPA, third-party debt collectors: may contact a person only between a.m. and p.m. at home or work.
If you don't receive a validation notice within 10 days of the first contact, request one from the debt collector the next time you're contacted. Ask for the debt collector's mailing address at this time as well, in case you decide to request a debt verification letter.
How to Request Debt Verification. To request verification, send a letter to the collection agency stating that you dispute the validity of the debt and that you want documentation verifying the debt. Also, request the name and address of the original creditor.
Provide verification and documentation about why this is a debt that I am required to pay. The amount and age of the debt, including: A copy of the last billing statement sent to me by the original creditor. State the amount of the debt when you obtained it, and when that was.
What types of debts are covered under the law? You have important rights under the FDCPA for your credit card debt, car loans, medical bills, student loans, mortgage, and other household debts.
Statute of Limitations in Arizona The statute of limitations for credit card debt is three years. For car loans, mortgages and medical debts it's six years, and for unpaid taxes it's 10 years. The timeframe indicates the amount of time a debt collector has to collect a debt.
The Fair Debt Collection Practices Act (FDCPA) is the main federal law that governs debt collection practices. The FDCPA prohibits debt collection companies from using abusive, unfair, or deceptive practices to collect debts from you.
It is the purpose of this subchapter to eliminate abusive debt collection practices by debt collectors, to insure that those debt collectors who refrain from using abusive debt collection practices are not competitively disadvantaged, and to promote consistent State action to protect consumers against debt collection ...