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As Heather Allen pointed out in the video, the older your debt is, and the more it has changed hands, the less likely that they will do so.

If you’re preparing to buy a home, clean up your credit report, or if you’re dealing with debt collectors, you may run into some information regarding the Debt Validation Letter.I also share my opinions, when it comes to interpreting this information, from both a debt settlement and debt collection perspective.In an effort to help you better understand the risks of requesting validation on a valid debt.There was a lot of information that was shared in these videos.Information that can benefit our society when it comes to understanding the debt collection process and how it relates to us.

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The full video can be viewed here: Length Source: United States Federal Trade Commission, The report states: “The information submitted in the study further provides insight into debt buyers’ verification of debts that consumers have disputed.

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