How do I know if a debt collector is legitimate?

Knowing if a debt collection agency is legitimate in Delaware is an important first step in defending yourself against unfair debt collection practices. To find out if a debt collector is legitimate, be sure to consider the following: 1. Check for a license: Legitimate debt collectors in Delaware must be licensed by the Delaware Department of Justice’s Office of the Attorney General and/or the Delaware Department of Banking and Insurance. To ensure that a debt collection agent is licensed to legally operate in Delaware, contact either or both of the above mentioned departments to verify. 2. Ask for proof: Legitimate debt collection agencies must be able to provide valid proof of the debt being collected. This proof should include a signed agreement from the debtor and/or other documents showing the debt amount and other pertinent details. If the debt collector cannot provide valid proof of the debt, they may not be legitimate. 3. Verify correspondence: Legitimate debt collectors must send letters of correspondence that accurately reflect Delaware laws regarding debt collection. These letters should provide detailed information about the debt, your rights and the steps the debt collector will take to collect the debt from you. 4. Contact the CFPB: If the debt collector exhibits any suspicious behavior or if you’re unsure about their legitimacy, you can contact the Consumer Financial Protection Bureau (CFPB) to ask questions and file a complaint. Overall, it’s important to know the basics of debt collection law in Delaware in order to protect yourself from potential debt collection scams. Be sure to take the time to verify the legitimacy of any debt collector before you contact them about a debt.

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How do I know if a debt collector is legitimate?

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