How do I dispute an incorrect debt amount?

If you are a Washington resident and believe that a debt collection agency has claimed an incorrect debt amount, there are steps you can take to dispute the amount. The first step is to send a written letter to the debt collection agency, either by certified mail or through an online dispute form. Your letter should include the name of the company, the debt amount you dispute, and a clear explanation of why you dispute the debt amount. You should also include any evidence that is relevant to your dispute. Evidence could include a copy of your bank statements, credit card statements, or any other documents that show the debt amount is incorrect. Once the debt collection agency receives your dispute letter, they have 30 days to investigate the debt and respond to your dispute. If the debt collection agency fails to respond within the 30 day period, or if they fail to provide evidence that the debt amount is accurate, they are legally obligated to remove the disputed debt from your credit report. You can also submit a dispute to the three major credit reporting bureaus: Experian, TransUnion, and Equifax. This will alert them of the dispute and they will investigate the accuracy of the debt amount. If the debt collection agency continues to list the incorrect debt amount, you have the right to file a complaint with the Consumer Financial Protection Bureau (CFPB). The CFPB is an independent agency that works to protect consumers from unfair or deceptive financial practices. They can investigate the debt collection agency to make sure they are abiding by consumer debt defense law in Washington.

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