A couple years ago, I took a college course at a community college that would transfer to my University. After a week, I simply stopped attending, and didn't return the book I had rented from them.
At the end of the semester, if I remember correctly, I received notice that I had an outstanding balance at the community college, due to not officially dropping the course and getting a refund, as well as not returning the book. They said if I did not pay, I would not be able to request a transcript from their school (which did not matter to me, as I had already graduated from my university at that point).
Fast forward to this week, I receive a letter from a debt collection agency, saying my outstanding debt from this college has been referred to "Key 2 Recovery", as a just and binding debt. They say I may dispute within 30 days if I do not feel like the debt is valid, otherwise the debt collection agency will assume it's a valid debt.
Another thing to add, is that they never stated what the debt was for; the letter simply states the amount. So I don't even know if its for the class, for the book, or both. On top of that, the amount that they claim I owe is much more than the class and textbook, so I'm not sure if they have added 'late fees' or interest to the amount. The letter does state that, within 30 days, I can 'dispute the validity' of the debt, in which case they will 'obtain verification of the debt or obtain a copy of a judgement' and mail it to me.
My question, is the debt indeed valid?