Should I have a debt collector give a validation letter?

Answer by  MSH (305)

yes make them prove that actually owe the money, you may get lucky and the may not have proof that you owe the money or maybe they will not reply in a timely manner

Answer by  tamarawilhite (17883)

Always. You want a list of the original debt, all associated fees, interest accrued, and current pay off balance. The debt should then equal only that amount when sold to the new organization.

Answer by  Roland27 (16334)

When one company sells off your debt to another company they send your file and all of your information with them. The new company is probably going to call you and ask you to verify your information as well as setting up a new payment plan to pay off your debt. You could send one if you like.

Answer by  timmsa (577)

Yes you should always have them give you a validation letter. Also you should make sure that they understand the the agreement before you give them any money. By having letter they can not go behind your back and change the terms of your agreement without your knowledge. They are tricky with this.