Responding to a Collection of Debt with a Dispute of Debt Letter
If you have received a debt letter but the amount of the collection is not the right amount as it needs to be, you can write a dispute of debt letter to the collection company. Although, before you do that, you need to make sure that you have prepared all the documents needed to support your dispute. All the information and evidence that you need must be gathered so that when they are requested for them, you have them handy already. If you have a legal attorney, it is also good to discuss the matter with them to see if they have any opinion to help you with it too.
There are different kinds of collections that might cause you to be in debt. There is medical collection, debt collection, and many more. Depending on the debt that you have, you need to make sure that you pay them in full before the due date. As mentioned above, the dispute of debt letter is something that you can create to help you with the mistake that is put in the debt collection letter that you receive. There are a few things that you need to do before and after receiving a wrong debt collection letter.
You need to make sure that you don’t discuss the dispute of the debt letter with anyone. If you say something wrong, it could backfire and could cause trouble for yourself. If you could, you can ask for the collector’s information such as their name and phone number. In a way, it is crucial as collectors that cannot provide their detailed information could be trying to scam you. After a collection letter is issued, they usually will give you 30 days for you to pay your debt and you also have that same amount to do your dispute. If you are not happy with the amount that is stated on the collection letter, disputing the collection letter can be the next step.
Samples of Dispute of Debt Letter
How to Create a Proper Dispute of Debt Letter
Not many people have created a dispute of debt letter before. It can be quite hard if you don’t know what to include or what to write in the letter. Although, you can always search online for some of the templates and examples available to help you create the letter too. What needs to be included in this type of letter? You need to make sure that you clearly state your personal detail information along with the credit dispute form that you have already filled out. The letter should be addressed to the right person so that they are aware that you are doing a dispute towards the collection letter that they have sent.
There are many cases when the dispute of debt letter is being ignored by the agency and it comes to the point where your debt appears as a negative factor on your credit report. When this is the case, you can issue another dispute of debt letter to the agency stating that the accuracy of the information is not correct and request for them to remove it or to correct it along with a debt validation letter. At the bottom of this page, you can also download a template letter for you to use by visiting on the free download link provided.
Dispute Of Debt Letter Template – Word