What is a debt validation letter?

A debt validation letter is a written request sent to a creditor or debt collector that asks them to verify the debt. It is a way to protect yourself against debt collectors who may be trying to collect an old, potentially inaccurate, debt. The debt validation letter is an important tool in consumer debt defense law and is used in Wisconsin. When you send a debt validation letter, the creditor or debt collector must provide you with evidence of your debt. This information should include the amount of the debt, the original creditor, and how the debt became due. This is to ensure that they are the legitimate owner of the debt, which they must prove before they can collect from you. If the creditor or debt collector cannot provide you with this evidence, they must stop trying to collect the debt until they can. This can greatly help protect your rights and your ability to pay. Additionally, if the creditor or debt collector cannot provide you with the additional information, your debt may be discharged and canceled. A debt validation letter is a simple and important way to protect yourself against inaccurate debt. It is an important tool in consumer debt defense law in Wisconsin and can help protect your rights and your financial well-being.

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What is a debt validation letter?

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