closeHello! Click here if you would like to know what Factolex is about.

Debt validation
also called "debt verification"

Start collecting facts
These are the best facts for Debt validation, collected by our users from the web:
(You can find the source through the icon at the end of each fact)
  1. refers to a consumer's right to challenge a debt and/or receive written verification of a debt from a debt collector

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 5, 2009
  2. The right to dispute the debt and receive validation are part of the consumer's rights under the United States Federal Fair Debt Collection Practices Act (FDCPA) and are set out in ยง809 of that act

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 5, 2009
  3. There is no deadline for the debt collector to provide a response to the request for validation

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 5, 2009
  4. Under the Fair Debt Collection Practices Act, any person or entity, including lawyers, who regularly attempts to collect consumer debts is considered a debt collector and is therefore required to respond to proper debt validation requests

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 5, 2009
  5. A consumer can dispute a debt at any time, but only a written request sent within thirty days of the first written notice of the debt triggers validation rights under the FDCPA

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 5, 2009
Displaying the top 5 of 9 facts in total. Show all 9 factsShow 3 more or all 9 facts
Do you know more? Submit a new fact

Add a new fact

A fact should only contain one sentence, describing an aspect of the term.

Fact
Example: located on the west coast of the U.S
Source
Tags
optional

Example: geography location -- separate tags with spaces

Add one more fact or give me some inspiration from:

More lexica »Featured Lexica

Look at what our users have created already.

Feedback

Please tell us what you think about our project

Contribute

On Factolex you can add facts and terms that you believe are missing.

To be sure that the term hasn't already been entered, please use the search function before doing so.

Home  |  About  |  FAQ  |  Feedback  |  Tools  |  Stats  |  Contact Us  |  API  |  Blog
Change language to: