District of Columbia Sample Letter for Legal Action Concerning Loan Dear [Lender's Name], I am writing this letter to inform you that despite my numerous attempts to resolve the issue regarding my outstanding loan with your company, the matter remains unresolved. Therefore, I am left with no choice but to pursue legal action to protect my rights and seek a resolution. As you know, District of Columbia laws dictate that lenders must adhere to strict guidelines when dealing with borrowers. The Consumer Protection Procedures Act and the Truth in Lending Act are some key regulations in place to ensure fair treatment of consumers like myself. Unfortunately, I have found your company's conduct to be in clear violation of these laws. Despite several attempts to communicate with your representatives, I have been met with indifference and a refusal to provide necessary documentation or explanations pertaining to my loan. Please be advised that I have diligently kept track of all correspondence and have documented every instance where your company has failed to comply with its obligations. This includes the repeated failure to provide a clear breakdown of the loan's terms and conditions, interest rates, and repayment schedule. In accordance with District of Columbia regulations, I am requesting that you rectify this situation immediately. I demand that you provide me with clear and concise documentation outlining all aspects of the loan, including any hidden fees or charges that may have been illegally imposed. Furthermore, I insist that you cooperate fully with any investigation that may be initiated by the relevant regulatory authorities. I am prepared to take legal action to protect my rights and seek appropriate compensation for any damages I have suffered as a result of your company's misconduct. If you fail to address my concerns within [reasonable timeframe, e.g., 14 days], I will have no choice but to file a complaint with the District of Columbia Department of Banking and Insurance and potentially pursue legal action to hold your company accountable for its actions. I strongly urge you to resolve this matter amicably and promptly. Failure to do so will only escalate the issue further, resulting in negative consequences for your company's reputation and financial standing. I can be reached at [your contact information] should you wish to discuss this matter further or propose a solution that meets both our satisfaction. Your immediate attention to this matter is greatly appreciated. Yours sincerely, [Your Name]
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.