How to Request Proof of Debt From Lenders

Opening the mail and receiving a debt collection letter from a lender or creditor that you don't recognize can create a wave of panic. But rather than immediately pay the bill to avoid a lawsuit or negative information on your credit report, ask the lender to verify or validate the debt. Lenders and creditors make mistakes, and some attempt to sue past the statute of limitations, which vary by state.

Instructions

1

Write a letter that includes the date you received the notification, and information regarding the account in question, such as your name, the account number and balance owed. Dispute the outstanding balance and provide an explanation. For example, you may not recognize the debt or you may have already paid the lender.

2

Tell the lender that you do not intend on paying the debt until they can send written verification that you owe the money. If the lender doesn't have written proof, demand that they stop contacting you.

3

Issue a warning to the lender or collector, and mention that you will file a complaint with the Federal Trade Commission and your state's Attorney General if they continue to send collection notifications without verifying the debt.

4

Type your name at the end of the debt verification letter, but do not sign your name. Dishonest or untrustworthy lenders and collectors can make a copy of your signature and use this to falsify documents.

5

Make a copy of the letter before mailing to your lender or collector. Keeping a copy for your records protects you if the lender denies receiving the correspondence or if they attempt to sue you in court.

6

Mail your letter. Lenders, creditors and debt collectors may accept correspondences by fax or email. To confirm that the lender received your request, use the Postal Service and mail a certified letter. You'll receive a return receipt within a few days of delivery.