Demand Promissory Note Form

 Demand and Notice for Payment of Demand Promissory Note with FDCPA Validation Notice
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State:
Multi-State
Control #:
US-01767BG
Instant Download
Available formats: Word | Rich Text

Description

The following language is often referred to as the Fair Debt Collection Practices Act Validation Notice.

THIS IS AN ATTEMPT TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. Unless you contest the validity of this indebtedness in writing, I will assume that the debt is valid.

The FDCPA applies only to those who regularly engage in the business of collecting debts for others -- primarily to collection agencies. The Act does not apply when a creditor attempts to collect debts owed to it by directly contacting the debtors.

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