How to Utilize Debt Validation to Fix Bad Credit

If you fail to pay on time to your creditor then your creditor may sell debt to a collection agency. It is the most horrible thing which you ever face in your life, regular calls and chase of agents of collection agency may change your smoothing life into stressful one. Collection agencies also give instructions to its agents do any anything for the collection of debt.

Collection agency has no concern with the legitimacy of debt; they mainly focus on collection of debt so they can go up to any extent for this purpose. The agents of collection agencies shout in front of doors and use harsh words by which they can embrace the consumer. Fair Debt Collection Practices Act (FDCPA) is there to protect consumers against the unfair treatments of collection agencies.

To get rid of this situation you should follow some steps especially if you are sure you do not own this debt which collection agency is forcing you to pay then you must ask them to provide you proofs. This is known as Debt Validation, FDCPA gives rights to consumers that they can ask about the validation of debt. If collection agency fails to validate your debt then you are not responsible to pay debt and can ask collection agency to remove this wrong debt entry from your credit report.

To perform your credit repair by yourself you should have proper understanding about credit repair laws. My honest advice is you should hire some credit repair attorney, credit repair attorneys are highly expert and they know very well how to deal with collection agencies.

They have professional approach on laws and they know how to force collection agencies for the removal of mistaken entries. By handling your case to credit repair attorney you are not saving your time in fact it will show you some positive results in shorter period of time.

Figure out more information on credit lawyers and check out credit repair services.

  • Putting Together a Credit Repair Plan (creditrepair.org)
  • Can you sue an out of state collection agency (wiki.answers.com)
  • How Long Can You be Sued for a Bad Debt? (mint.com)
  • The positive side of debt collection Learning how to manage debt (cash-bandit.com)
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