Make Them Prove It: Debt Validation, Standing & Pay-for-Delete Guide

Description

Make Them Prove It is a 13-page debt validation guide from our partner Kevinomics. It shows how debt buyers get your account. Then it walks you through how to ask them to prove it.

What this debt validation guide covers

• How debt buying works, from charge-off to the portfolio sale.
• Why a debt buyer may hold a data file instead of your signed contract.
• Your dispute rights under the Fair Debt Collection Practices Act and the Fair Credit Reporting Act.
• A three-step validation letter process, sent by certified mail.
• Standing, the real party in interest and the chain of title if a debt buyer sues.
• A five-step pay-for-delete plan, plus follow-up disputes with the credit bureaus.
• Five credit score factors and seven rules to follow every time.

Who it is for

The guide is for anyone who gets a letter or a call about an old account. First, it explains the business behind the letter. Next, it lays out each step in order. Finally, it shows how to keep a clean credit profile once the account is resolved.

Read it alongside our guides

Each step in the guide rests on a law. So we explain that law in plain language, with links to the official text. For example, start with debt collection and consumer credit. Then read about debt validation and proving debt ownership. You can also read the official text of 15 U.S.C. § 1692g.

How to get it

Kevinomics sells and delivers this guide on its own website. So the button on this page takes you to the Kevinomics store. There, the Kevinomics price and terms apply, and Kevinomics sends you the download.

Important

• The guide teaches general concepts. It is not legal, tax or financial advice.
• Debt collection law also varies by state. For an active lawsuit, talk to a licensed attorney in your state.