What if you don’t think the debt is yours?
Get Your Free Case Review

What if you don’t think the debt is yours?

by | Jun 30, 2016 | Bankruptcy

It can be stressful when a creditor or a collections agency calls you on the phone and tells you that you need to pay what you owe. It goes beyond normal stress, though, when you don’t actually think that the debt is yours. Perhaps you think you never had the debt to begin with, or maybe you think you already took care of it and you don’t owe anything else. Either way, what can you do?

The key thing here is to remember that the law itself gives you a right to all information about the debt. You do have a right to ask for this information and verification of what is owed. Do not let a creditor hound you into paying before you have requested this information, and don’t let them tell you that they don’t have to inform you. They’re legally bound to tell you:

— The creditor’s name.– The full amount that you owe.– How you can ask for verification.– How you can enter an official dispute over what they claim you owe.

If you get the information — they either have to tell you during contact or mail you a letter in the next five days — and you still want to dispute the debt, the collections agency or the creditor must then leave you alone while the investigation is carried out. They cannot contact you or harass you. This is true as long as you put in the dispute within 30 days of getting the information you requested.

Don’t let stress and worry get the best of you. Make sure you investigate claims fully and understand your rights under the law in Wisconsin.

Source: Consumer Financial Protection Bureau, “What if I believe I do not owe the debt or I want proof of the debt?,” accessed June 30, 2016

– Why Hire Nicolet Law? –

Get An Experienced Lawyer On Your Case

We’ve helped thousands of clients with a wide range of legal needs. Let us put the skills and experience we’ve gained along the way to work for you!

Get Our App!

Get our convenient, secure app to
send us legal documents and pay your bill. Available on the App Store and Google Play.

Download the Nicolet Law Office app from the App Store to conveniently send documents and issue payments to our attorneys.
Nicolet Law clients can conveniently send legal documents and issue payments through our secure app. Get it on Google Play.

More Than

Million Recovered for our clients

Over

Clients Helped

More Than

Years In business

Over

Years of Combined Experience

What Our Clients Say About Us

powered by BirdEye

Awards & Recognition

Our peers and independent third-party organizations have recognized the hard work and dedication we put into every case. This has led to numerous awards and accolades.

From Our Blog

Halloween Safety Tips

There is no doubt that Halloween is going to look a little different this year. Typically enjoyed by people of all ages...

Step-by-Step Guide for Filing a Personal Injury Claim

Imagine that you are driving to the grocery store on a Sunday afternoon when another car suddenly strikes the left side of...

Lost Wages Assistance and Disability Benefits

The coronavirus and resulting economic crisis have left millions of Americans in financial distress, and individuals with...

Stranger Than Fiction: Only in Wisconsin

In 2016, the Wisconsin Supreme Court barred a woman from suing a state employee whose negligence resulted in bodily injury...