CALL NOW!
FREE PHONE/VIRTUAL CONSULTATION

What is Debt Validation and Why Is It Important?

Consumers have certain tools available to them that offer protection from debt collectors. This is especially useful if you think you have been contacted by a debt collector about a debt that you think is not yours or you are not sure is valid. Debt validation is a process that allows you to request and receive information about a debt when a debt collector contacts you. If the debt collector is unable to or chooses not to provide the information you request about a debt, you have the right to request the debt be removed from your credit report.

Why Should You Request Validation before Paying a Debt?

You might think that if a debt collector collects debt for a living, they will ensure a debt is legitimate before contacting you. The exact opposite is true. Mistakes happen, but there are also instances in which a collector contacts you knowing a debt is invalid just to see if you will pay. Fake debt collection notices have been sent in writing and phone calls have been made in an effort to bilk consumers out of their hard earned money in the name of invalid debt. This is why you should always perform a validation request before paying money to any bill collector.

Many debt collectors provide you with a validation notice when they first contact you if the initial contact is through mail. Once that first contact is made, the debt collector has five days to provide you with this notice, whether their contact was made via phone, email, or mail. You then have 30 days in which to dispute the debt. If no dispute is filed, the debt collector assumes the debt is valid. If you do file a validation request, collection efforts must stop until the matter is resolved.

How to Submit a Validation Request

Debt validation requests must be submitted in writing to be legally valid. In the validation request, you can dispute all or part of the debt, or make a request for the name and information of the original creditor. In order to contact you again the debt collector must provide the information you request in the letter. It is important to send this request via certified mail and request a receipt so you have proof the debt collector received it.

Your next move is based on the information provided by the debt collector, so it is important you determine if the debt is valid. If it is not there is no reason for you to pay the debt. And if the debt is valid and proven to be so by the collector, you still have options.

If you have questions about debt collection or you need assistance creating a debt validation request, we can help. Contact the Law Offices of Robert M. Geller at 813.254.5696 for more information.

Archive

Video Testimonials

Tampa Bankruptcy Law Blog

5 Common Budgeting Mistakes Newlyweds Make and How to Avoid Them

Budgeting mistakes are common, especially when you’re young. Not all newlyweds are young adults, but many first-time marriages do involve...
Read More

When Should Married Couples File for Bankruptcy Together?

There's no easy answer to the question of timing when it comes to bankruptcy. In some cases, it may make...
Read More

Can Your Spouses Debt Force You Into Bankruptcy?

If you're married and your spouse has a lot of debt, you may be wondering if that debt can force...
Read More

Do You Need a Bankruptcy Attorney If You’re Divorcing with Financial Problems?

Divorce and bankruptcies are more common than many people realize. Financial problems make a stressful transition even more difficult. If...
Read More

Can You File Bankruptcy without Your Spouse?

Filing for bankruptcy is a decision that should not be taken lightly. It can affect your financial life and the...
Read More

How Seniors Can Avoid Bankruptcy

Seniors are at a high risk of bankruptcy, but there are ways to avoid it. What do you need to...
Read More

What Happens If I Own Too Many Assets to File for Chapter 7?

Does hiding assets in bankruptcy protect them from your creditors? If you own too many assets to qualify for Chapter...
Read More

How to Find the Best Lawyer for Filing for Bankruptcy after Retirement

Many retirees decide to file for bankruptcy as a way to get a fresh start. But finding the right lawyer...
Read More

Does Declaring Bankruptcy Affect My Retirement Savings?

When you're struggling with debt, the thought of bankruptcy might cross your mind. But what would that mean for your...
Read More

Is a Reverse Mortgage Right for Me?

Reverse mortgages in Florida are loans that allow homeowners 62 and older to borrow against the equity in their homes....
Read More

Bankruptcy

For The Next 5 Days GET A FREE BOOK About Bankruptcy

Learn More

Infographics

We are A Debt Relief Agency.
We help people file for bankruptcy under the Bankruptcy Code

Pay Online Bankruptcy Courses Newsletter Subscription

NACBA Logo avvo1 avvo2 avvo3 LEA BBB Logo

Call For A Free Initial Consultation

813.254.5696

Tampa Office

Law Offices of Robert M. Geller, P.A.
807 West Azeele Street
Tampa, FL 33606
T: (813) 254-5696
T: (800) 853-7549
F: (813) 253-3405

Map And Directions

St. Petersburg Office

Law Offices of Robert M. Geller, P.A.
125 5th Street South
(Wells Fargo Financial Center)
2nd Floor, Suite G
St. Petersburg, FL 33701
T: (727) 532-3939

Map And Directions

Pasco Office

23526 State Road 54
Lutz, FL 33559
T: (813) 336-2320

Map And Directions