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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.
Legally, a debt collector has to send you a debt verification letter within five days of their first contact with you. And if not, you should ask for one. Why? Because it helps you determine if the debt is actually yours and if there's anything fishy going on behind the scenes.
Detail the debt amount: State the dollar amount of debt owed, the original date that this amount was due, and any other fees or interest accrued. If there are multiple amounts, include the total amount due. Provide context: Outline events in chronological order. Provide as much detail and context as possible.
We advise you to send whatever information you have, even if you think it is outdated or unimportant. A good collection agency can conduct research based on an old address or old phone number. Supporting documents, such as a signed contract, invoice, or other paperwork, can be very helpful.
Although you can ask for many details, debt collectors are only required to provide information on the original creditor, the balance owed and the name of the person who owes the debt before resuming collection efforts.
The promise to pay is set out in a written document called a promissory note. A promissory note represents an underlying debt owed by one person to another. The signed promissory note is not the debt itself, but evidence the debt exists.
A debt validation letter should include the name of your creditor and how much you owe, The letter will include information about when you need to pay the debt and how to dispute it.
I am requesting that you provide verification of this debt. Please send the following information: The name and address of the original creditor, the account number, and the amount owed. Verification that there is a valid basis for claiming I am required to pay the current amount owed.