If you have debt collectors calling to pressure you into paying your past due account, this blog is for you! It is more important than ever for consumers to demand verification of their debt from creditors. It is possible that your debt collector has made an error or neglected to obtain the proper paperwork in order to collect from you.
How does requiring debt verification help? It holds your lender or collector accountable to the requirements established by federal law. It is also helps confirm that the debt collector is following ethical business practices in attempting to collect from you. It is important to note, however, if you miss that first letter and opportunity to verify, collection actions do not have to stop.
The Fair Debt Collection Practices Act provides that a collector must respond to a consumer’s request for debt validation and they are prohibited from continuing collection activity against you until they have provided that information to you. If the collector continues to pressure you into paying the debt without providing the debt validation, you may be entitled to recover compensation from the collector!
Debt validation is essential because with it, you have no assurance that the collector is the owner of the debt or the proper party for you to pay. Thus, it is important to require any debt collector to prove that you owe what they say you owe to them!
If you have a debt collector that has failed to provide verification of the debt and the collector continues to try to collect from you, call DeLadurantey Law Office, LLC. We can help you pursue monetary damages against the collector.
Contact The “Milwaukee Bankruptcy Attorneys,” DeLadurantey Law Office. LLC for all your Chapter 7 and Chapter 13 bankruptcy needs. Whether you need debt negotiations or debt relief, or even foreclosure defense, DeLadurantey Law Office will handles bankruptcy matters for the following location – Milwaukee, South Milwaukee, West Milwaukee, Waukesha City, Waukesha Town, Kenosha, Racine, and all other municipalities in Milwaukee County, Waukesha County, Kenosha County, and Racine County. DeLadurantey Law Office, LLC can be contacted by phone at (414) 377-0518.