In today’s world, there are many instances where a company attempting to collect a debt is not the same one that originated the debt. When a consumer is dealing with such a party, they have a right to dispute owing anything to this third party and to request the third party does in fact have a right to collect anything. This is known as “validating” the debt and this consumer right is found at 15 U.S. Code § 1692g – Validation of debts (LINK).
Making sure your creditor can validate the debt and prove they have a right to collect it is an important safeguard if a consumer feels unsure whether they owe a creditor who alleges to own a debt. If you have questions about your rights when it comes to debts, please call John Crone at 407-851-0201 to discuss your case.
