Affidavit of Debt

An Affidavit of Debt is a sworn statement made by a creditor or debt collector, attesting to the validity and accuracy of an outstanding debt. The affidavit typically includes details about the original creditor, the current owner of the debt, the amount and nature of the debt, and the efforts made to collect the debt. The affidavit may also include supporting documentation, such as a copy of the original contract or agreement, an itemized statement of the amount owed, and evidence of the debtor’s liability for the debt. The purpose of an Affidavit of Debt is to provide legal evidence of the debt in court proceedings or other legal actions, such as wage garnishment or asset seizure. The affidavit must be signed and notarized by the creditor or debt collector, and may be subject to challenge or dispute by the debtor.