How do I dispute an incorrect debt amount?

If you believe an incorrect debt amount has been reported against you in South Carolina, you should take steps to dispute the debt. The Consumer Debt Defense Law in South Carolina requires creditors to verify a claim of debt prior to taking action against a consumer. Creditors are prohibited from sending out statements with either inflated or inaccuracy debt amounts. To dispute an incorrect debt amount, you must provide written notice to the creditor. You should provide your name, address, and account number. In the notice, you should explain why you believe the debt is incorrect. You can require that the creditor provide evidence that the amount is correct. You can also ask the creditor to produce valid documentation, such as a copy of the contract, proof of ownership or the original invoice. If the creditor fails to respond within 30 days, it is assumed that the claim is valid. You have the right to challenge any evidence that the creditor produces in court. If the dispute is successful, the debt amount must be adjusted to reflect the correct amount. In addition, the Consumer Debt Defense Law in South Carolina requires that the creditor provide clear and timely notice of any changes to the debt amount. If the creditor fails to do so, you may be able to challenge the debt in court. If the challenge is successful, the creditor must refund any payments received for the incorrect amount.

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