Arkansas Sample Letter for Collection - Referral of Account to Collection Agency

• Category: Letters - Nonlegal - Referrals
• State: Multi-State
• Control #: US-0286LR
• Format: Word; Rich Text

Description

Sample Letter for Collection - Referral of Account to Collection Agency Subject: Arkansas Sample Letter for Collection — Referral of Account to Collection Agency Dear [Debtor's Name], We hope this letter finds you well. We regret to inform you that despite previous attempts to resolve the outstanding balance on your account, we have been unsuccessful. Therefore, your account has been referred to [Collection Agency Name] for further collection actions effective [date of referral]. Please understand that this decision was not taken lightly, and we thoroughly exhausted all internal avenues to rectify this matter before involving a collection agency. However, the unpaid amount of [total outstanding balance] on your account leaves us with no choice but to seek assistance from professionals specializing in debt collection, in accordance with the State of Arkansas' regulations. As your account transfers to [Collection Agency Name], it is essential to recognize the legal implications of this process. [Collection Agency Name] is an authorized and licensed collection agency operating within the state of Arkansas. They strictly adhere to all local, state, and federal laws regarding debt collection, including the Fair Debt Collection Practices Act (FD CPA). [Collection Agency Name] is well-versed in customizing their approach to meet the unique requirements of each debtor while maintaining professionalism and respect throughout the process. We encourage you to work cooperatively with their team to resolve this matter swiftly and amicably. Understanding the financial hardships individuals may face, [Collection Agency Name] offers flexible payment options to assist in resolving outstanding debts. They are willing to discuss feasible repayment plans tailored to your specific circumstances, helping you regain control of your financial standing. Ignoring this matter may result in further collection measures, including potential legal actions. We advise you to promptly contact [Collection Agency Name] at the following address or phone number: [Collection Agency Name] [Collection Agency Address] [Collection Agency Phone Number] By addressing this matter without delay, you can prevent any possible escalation, additional fees, or damage to your credit history. Failure to respond within [specific time frame] will leave us with no alternative but to consider pursuing legal actions to recover the outstanding amount. In conclusion, we encourage you to cooperate with [Collection Agency Name] to resolve this matter promptly. By doing so, you can prevent any adverse consequences that may arise from continued non-payment or non-response. Thank you for your immediate attention to this matter. We hope to bring closure to this issue promptly, allowing you to move forward with financial peace of mind. Sincerely, [Your Name] [Your Position] [Your Contact Information]

Subject: Arkansas Sample Letter for Collection — Referral of Account to Collection Agency Dear [Debtor's Name], We hope this letter finds you well. We regret to inform you that despite previous attempts to resolve the outstanding balance on your account, we have been unsuccessful. Therefore, your account has been referred to [Collection Agency Name] for further collection actions effective [date of referral]. Please understand that this decision was not taken lightly, and we thoroughly exhausted all internal avenues to rectify this matter before involving a collection agency. However, the unpaid amount of [total outstanding balance] on your account leaves us with no choice but to seek assistance from professionals specializing in debt collection, in accordance with the State of Arkansas' regulations. As your account transfers to [Collection Agency Name], it is essential to recognize the legal implications of this process. [Collection Agency Name] is an authorized and licensed collection agency operating within the state of Arkansas. They strictly adhere to all local, state, and federal laws regarding debt collection, including the Fair Debt Collection Practices Act (FD CPA). [Collection Agency Name] is well-versed in customizing their approach to meet the unique requirements of each debtor while maintaining professionalism and respect throughout the process. We encourage you to work cooperatively with their team to resolve this matter swiftly and amicably. Understanding the financial hardships individuals may face, [Collection Agency Name] offers flexible payment options to assist in resolving outstanding debts. They are willing to discuss feasible repayment plans tailored to your specific circumstances, helping you regain control of your financial standing. Ignoring this matter may result in further collection measures, including potential legal actions. We advise you to promptly contact [Collection Agency Name] at the following address or phone number: [Collection Agency Name] [Collection Agency Address] [Collection Agency Phone Number] By addressing this matter without delay, you can prevent any possible escalation, additional fees, or damage to your credit history. Failure to respond within [specific time frame] will leave us with no alternative but to consider pursuing legal actions to recover the outstanding amount. In conclusion, we encourage you to cooperate with [Collection Agency Name] to resolve this matter promptly. By doing so, you can prevent any adverse consequences that may arise from continued non-payment or non-response. Thank you for your immediate attention to this matter. We hope to bring closure to this issue promptly, allowing you to move forward with financial peace of mind. Sincerely, [Your Name] [Your Position] [Your Contact Information]