What is a certified letter of verification?

A certified letter of verification is a legal document sent to a creditor, such as a bank or credit card company, that asks for confirmation of a consumer’s debt obligation. In New Hampshire, Consumer Debt Defense Law requires creditors to provide written confirmation of debt obligations in response to a consumer’s request for such verification. Once a consumer has requested verification, creditors have 30 days to respond by sending a certified letter of verification to the consumer. This letter must include the total amount of debt owed, the interest rate, and any fees or charges that are applicable. It must also include the name of the original creditor and how the consumer can dispute the debt if they feel it is inaccurate. The letter must be signed by an authorized representative of the creditor in order for it to be accepted as a valid form of verification. Receiving this letter helps a consumer to gain leverage when negotiating payment with a creditor and may result in reduced debt obligations.

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What is a certified letter of verification?

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