What to Do if you Receive a Debt Verification Letter?

 Legal jurisprudence is something that most common people choose to stay away from. This is something that is out of reach for most of us and hence the common man does get worried about what to do in case they receive legal summons like a debt verification letter.  

But before we tell you what to do in case you receive one, it is very important to first analyze what is a debt verification letter. The concept is quite simple and is not a very heinous summon.


 What is a Debt Verification Letter?

The name itself says that a debt verification letter is an official letter that verifies any kind of debt that you have taken in the recent past. It is usually issued from the side of the person or company who has given you the debt or sanctioned the same.

This can also be asked by the individual itself if he or she requires substantial proof of the debt taken. It can be sent to the creditor and an official statement of the debt can be awaited.

Read more: What are the benefits of using litigation support services?

The letter should originally include details like who was the creditor and exactly what is the amount that you owe.

It is usually seen that once the letter has been raised, the individual technically has only 30 days to raise a dispute for the same. 


 Whom to Trust for the Same?

If you want to get support when it comes to getting hold of a good debt verification letter, the best thing to do is contact a lawyer at the earliest.

They will help you to address the entire situation and get to the best of understanding as to what can be done.

One such great option to rely on is Lending Lies. Being in the domain for quite some time, they are certainly one of the best!

Lending Lies has been not only commendable in this domain but also made quite some name if you want to address a CFPB complaint! They provide you with the best assistance that certainly goes a long way.


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