If you are being hounded by Debt Management Partners about a past-due debt, and you don’t think that you are responsible for the debt in question, you are protected by the Fair Debt Collection Practices Act (FDCPA).
The FDCPA is to serve as guidelines for both creditors and debt collectors. It is designed to make the debt collection process fair and ethical.
It allows you to ask for validation, or proof of the debt, and you can request specific documents to show you are responsible for the debt and to prove it is your debt.
After you send a letter to Debt Management Partners asking for debt validation, they must cease all collection efforts until they provide you with the documentation that you asked for regarding the debt in question.
You can ask for proof of the debt, the amount of the debt, and for proof such as the original debt agreement.
Drafting Your Letter To Debt Management Partners
If you don’t think you owe the debt that Debt Management Partners is trying to collect, you should consult with an FDCPA lawyer who practices in your state.
Your attorney will gather the supporting documentation and send it along with a dispute letter to Debt Management Partners. This FDCPA-compliant letter will ask for the documentation you need to confirm that you owe the debt.
While laws usually give you only 30 days to request verification of a debt after being notified of it, the laws usually don’t specify how long the collection agency has to respond to your information request. You should specify a time limit in your letter, such as 30 days.
That way, if Debt Management Partners doesn’t respond within 30 days, they haven’t properly validated the debt and they must stop collecting.
Actual Sample Letter
I am asking that Debt Management Partners provide me with the information necessary to validate the debt that they are claiming I owe to them. I am making this request based on the Fair Debt Collection Practices Act, 15 USC 1692g Sec. 809(b).
I am demanding that you provide specific information to me to prove that I do owe that debt. I am asking you to send me proof of the full amount of the debt, the original creditor’s name, any information regarding a judgment, the agreement you have with the original creditor that allows you to collect this debt, valid copies of the original credit agreement between the creditor and me, the payment history, proof of when the last payment was made and the amount of that payment, and a copy of the license permitting you to collect debts in my state of residence.
Also, I am asking for proof that the Statute of Limitations for collecting this debt haven’t expired.
If Debt Management Partners doesn’t respond to my information request and provided the documentation needed within 30 days of the date of receiving this letter, then all references to this debt should be deleted from my credit history. Any future attempts to collect this debt must cease.
Failure to respond to my request would indicate you are making an implied agreement that you would reimburse any legal fees, including attorney’s fees and court costs, should I choose to pursue this case in court.
You should indicate the account number or reference number then sign the letter before sending it to Debt Management Partners.
Talk to an Attorney Today
If Debt Management Partners has been trying to collect a past-due debt that you don’t believe you are responsible for or that you don’t owe, you should consult with an FDCPA attorney in your area.
You have a limited time for disputing a debt, so you should request validation or verification before it is too late to do so. If you wait too long, Debt Management Partners will leave the debt on your credit history regardless of whether you are responsible for it.
They will also aggressively pursue the debt collection process. The FDCPA was enacted to provide consumers like you with protection from unethical debt collection practices, so be sure you take advantage of your rights and ask for debt validation.
Also, be sure you consult with an FDCPA attorney today!
*Disclaimer: The content of this article serves only to provide information and should not be construed as legal device. If you file a claim against Debt Management Partners or any other third-party collection agency, you may not be entitled to any compensation.