What is a debt validation notice?

A debt validation notice is a letter sent by a creditor requesting that the person who is being asked to pay a debt verify the accuracy of the debt and provide information about the debt. This request is made in accordance with the Fair Debt Collection Practices Act (FDCPA). In Texas, this letter must include certain key information, such as the name of the creditor and the amount being requested. It must also explain that the person has the right to dispute the debt or ask for verification of the debt, and that written notice must be provided if the person does so. The request must also provide the person with a 30-day period in which to dispute the debt or ask for verification. If the person does not respond within this time period, then the debt is presumed to be accurate. A debt validation notice serves as the first step in the collection defense process in Texas, and should be carefully considered before responding or taking any action.

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What is a debt validation notice?

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