Debt collection extends back to ancient civilization. This started as far back 3000 B.C. Debt collection started as a way where in case a debt cannot the paid, the debtor's spouse or family is taken into captivity and slavery until the debt is being paid back or the debtor will be pardoned. In a few societies in ancient civilizations, debts are carried over from generation to another. This continues in the generation or even being paid or pardoned. Courts were also established which provided restrictions on just how much interest should be in a specific amount of a loan. This technique was eradicated as a result of new civilizations and new era birthing forth.



Because of the large number of contacts and customers a debt collection agency has, mistakes are certain to take place and the incorrect person is being sent a debt validation letter .In the event that you don't recognize this debt, you need to discover who sent this letter. Require the agency's name, address, and phone contacts. If being asked to verify your individual information, don't discuss additional information not specified on the letter sent you received. Ensure proper and detective work is done. If you believe this letter was wrongfully sent to you and you don't recognize the debt specified. Send a letter to the collection agency disputing the debt. Be as specific as you are able to on what the letter you received is wrong.



After receiving a debt letter from a collection agency, you should know your rights and things you are to do exactly. The validation of debt letters should be achieved within thirty days after the first contact. If a person doesn't contact the collection agency within thirty days, the collection agency assumes the patient has fully accepted the debt and will payback within enough time specified on the letter.

For a debt to be managed effectively, collection agencies go quite a distance to offer proof and documents to ascertain if the debt assigned to an individual is accurate and the right one. An investigation is performed on the individual's account and also the individual's statement of account. A debt verification letter ascertains this and provides proof if the debt is valid or isn't valid.

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