Dear [Debtor's Name], RE: NOTICE OF ASSIGNMENT OF DEBT — [Account/Reference Number] We hope this letter finds you well. We are writing to inform you that there has been an assignment of your outstanding debt to a new creditor. Please carefully review the following information. As of [Assignment Date], your debt originally owed to [Original Creditor] has been assigned to [New Creditor]. [New Creditor] is now the legal owner of the debt and has full authority to collect the outstanding amount on behalf of [Original Creditor]. [New Creditor] is a reputable financial institution located in San Jose, California, which specializes in the debt collection industry. Our team of experienced professionals strives to provide fair and respectful customer service to debtors, while diligently working towards mutual settlement arrangements. It is crucial to understand that this assignment of debt does not diminish or alter any of your previous financial obligations. Your debt remains valid and enforceable, and any outstanding balance remains due and payable to [New Creditor]. To ensure transparency, we have provided essential details regarding your debt assignment below: — Original Creditor: [Name of Original Creditor] — Original Debt Amount: [Initial Amount] — Current Debt Amount: [Outstanding Balance] — Assignment Date: [Date of Assignment— - New Creditor: [Name of New Creditor] — Contact Information: [New Creditor's Address, Phone Number, Email] As a responsible debtor, we kindly request that you contact us within [X] days of receiving this notice for further assistance and to discuss potential resolution options. We understand that financial challenges can arise, and we are committed to working with you to find a suitable arrangement. We encourage you to review your records and verify the assigned debt details mentioned in this notice. In case of any discrepancies or concerns, please reach out to our office promptly to address the issue. Please be advised that, as permitted by law, the assignment of debt may be reported to credit bureaus. It is in your best interest to resolve this matter ethically and proactively to avoid any potential negative impact on your credit rating or legal consequences. At [New Creditor], we believe in treating debtors with respect and fairness. We acknowledge and respect your rights as a debtor, and we intend to adhere to all applicable state and federal laws throughout the debt collection process. We look forward to hearing from you soon to discuss your options or to work towards a mutually acceptable arrangement. Our dedicated customer service team is available to address any concerns you may have. Thank you for your attention to this important matter. Your immediate action in resolving this assignment of debt is greatly appreciated. Yours sincerely, [Your Name] [Your Title/Position] [New Creditor's Name] [New Creditor's Address] [New Creditor's Phone Number] [New Creditor's Email] Different types of San Jose California Sample Letter for Notice to Debtor of Assignment of Debt may include letters for various types of debt, such as: 1. Credit card debt. 2. Mortgage or home loan debt. 3. Auto loan debt. 4. Personal loan debt. 5. Business loan debt. 6. Medical debt. 7. Student loan debt. Please note that these sample letters can be customized to suit the specific circumstances of the debt assignment and debtor.
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.