FREE FDCPA Validation of Debts Questions and Answers
If a consumer disputes a debt in writing within the 30-day period, what must the debt collector do before continuing collection efforts?
If a consumer disputes a debt in writing within the 30-day period, the debt collector must provide verification of the debt or a copy of the judgment before continuing collection efforts.
What action is prohibited under the FDCPA if a debt collector does not receive a written dispute from the consumer within the 30-day period?
If the consumer does not dispute the debt within 30 days, the debt collector can assume the debt is valid. However, they are not prohibited from continuing to contact the consumer unless the consumer has specifically requested that communication cease.
In the validation notice, what must the debt collector inform the consumer about their right to dispute the debt?
The validation notice must inform the consumer that they have 30 days to dispute the debt in writing.
What information must be included in the written validation notice provided by a debt collector under the FDCPA?
The FDCPA requires the validation notice to include the amount of the debt, the name of the creditor, and a statement informing the consumer of their right to dispute the debt within 30 days.
Under the FDCPA, within how many days must a debt collector provide a written validation notice after their initial communication with a consumer?
The FDCPA requires debt collectors to send a written validation notice within 5 days of their initial communication with the consumer.