Hi Erika
If you want your creditor to provide you with a copy of the original signed contract, you need to go for debt validation request. If you send a debt validation letter, the creditor is required to provide you with the original signed contract, and all the outstanding bills that you have defaulted as per the fair credit reporting act. You can find a sample debt validation letter if you visit the link letters of credit
Yes, Carol is right, but the creditor will not validate your debt until and unless they claim back the outstanding debt through a collection letter or by reporting the debt to the credit bureaus. If you make regular payment on the debt and for that reason the debt is neither listed in your credit report, nor demanded by the creditor by sending a letter, there is no use of sending a debt validation letter. However, you can request your creditor for a copy of the original agreement and it is up to the creditor to send you a copy or not.
If it is a copy of her contract is she not somehow entitled to a copy of it..even if she lost the original? That to me sounds a little unfair. I am wondering if maybe she feels it is not her signature on the debt and maybe someone elses. Could this be the case Erika?
Hi Erika
If you want your creditor to provide you with a copy of the original signed contract, you need to go for debt validation request. If you send a debt validation letter, the creditor is required to provide you with the original signed contract, and all the outstanding bills that you have defaulted as per the fair credit reporting act. You can find a sample debt validation letter if you visit the link letters of credit
Yes, Carol is right, but the creditor will not validate your debt until and unless they claim back the outstanding debt through a collection letter or by reporting the debt to the credit bureaus. If you make regular payment on the debt and for that reason the debt is neither listed in your credit report, nor demanded by the creditor by sending a letter, there is no use of sending a debt validation letter. However, you can request your creditor for a copy of the original agreement and it is up to the creditor to send you a copy or not.
If it is a copy of her contract is she not somehow entitled to a copy of it..even if she lost the original? That to me sounds a little unfair. I am wondering if maybe she feels it is not her signature on the debt and maybe someone elses. Could this be the case Erika?