Legally validating a debt

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

This is a list of parts within the Code of Federal Regulations for which this US Code section provides rulemaking authority.

Dealing with debt collectors is probably not on the top of your list of things you would like to do, but sometimes there is no way around it.

The right to dispute the debt and receive validation are part of the consumer's rights under the United States Federal Fair Debt Collection Practices Act (FDCPA) and are set out in §809 of that act, which has been codified in Title 15, Section 1692-1692p of the United States Code.

The original Act excluded lawyers from the definition of "debt collector" by explicitly exempting from any coverage “any attorney-at-law collecting a debt as an attorney on behalf of and in the name of a client.” The definition of "debt collector" was amended in 1986 to omit the prior exemption for attorneys.The notice informs you that you have the right to validate/dispute the debt within 30 days of receiving the letter.If you don't dispute the debt (or request validation of the debt) within the 30-day period, the collector has the legal right to assume that you agree the debt is valid.The sending or delivery of any form or notice which does not relate to the collection of a debt and is expressly required by title 26, title V of Gramm-Leach-Bliley Act [15 U. More limitations on accuracy are described at the GPO site.Then out of the blue a guy named Bob comes up to you and says he is collecting the money you owe Paul.Bob is acting just like a collection agency or debt collector.The best way to start dealing with a debt collector, is to understand just what we mean by debt validation.Let's say you borrowed money from your friend, Paul. As times goes by, you think you might still owe Paul money but you are not sure how much.A consumer can dispute all or any part of a debt at any time, but only a written request sent within thirty days of receipt of the first written notice of the debt triggers validation rights under the FDCPA.specifies the response required of a debt collector upon receipt of a timely written or oral dispute, most notably that it shall cease collection of the debt until the collector mails the consumer "verification of the debt or a copy of a judgment, or the name and address of the original creditor, and a copy of such verification or judgment, or name and address of the original creditor." Thus, there is no time limit for providing the required verification or other information, just that the collector must cease collection until it provides the required information.


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