What is a debt validation letter?

A debt validation letter is a document that can be sent to a creditor in order to request proof that a debt is real and legally binding. In Massachusetts, certain laws protect consumers from unfair debt collection practices. One of those laws is the Credit Repair Law, which requires creditors to provide debtors with the necessary validation paperwork once a debt validation letter has been sent. This paperwork typically includes a copy of the original loan agreement, written proof that the debt is still owed, and/or a detailed explanation of any interest charges or other fees. By sending a debt validation letter, a debtor is essentially forcing the creditor to provide evidence of the debt in question, which may help protect the debtor from any unfair practices employed by the creditor. Additionally, if the debt is found to be invalid, the debt may be removed from the debtor’s credit report. Ultimately, a debt validation letter can be used as a tool to protect consumers from potentially unfair debt collection practices in Massachusetts.

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What is a debt validation letter?

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