Saturday, May 8th, 2010
- Proof that the CA holds your debt: You’ll get a written proof of your debt being sold off or assigned to the CA.
- Your payment history: You’ll be given a statement of your account payment history till date. This will help you to verify your total debt amount including any late/extra fees being added. You can also find out how the CA has calculated the extra fees.
- Copy of your original contract: This will prove whether or not you still owe the debt. Instead of this contract, the CA can also provide you with account statements from the original creditor.
What are the steps in validation of debt?
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