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I am writing in regards to the above-referenced debt to inform you that I am disputing this debt. Please verify the debt as required by the Fair Debt Collection Practices Act. I am disputing this debt because I do not owe it. Because I am disputing this debt, you should not report it to the credit reporting agencies.
A debt collection letter should include the following information: The amount the debtor owes you. The initial due date of the payment. A new due date for the payment, whether ASAP or in the future. Instructions on how to pay the debt.
DEBT COLLECTION LETTER [SENDER MAILING ADDRESS] Date [DATE] Dear [RECIPIENT'S NAME], DUE AMOUNT: $[AMOUNT] PLEASE REMIT PAYMENT TO: [COLLECTIONS AGENCY] We regret to advise that unless payment is received by [DATE] this collection will be passed over to our debt collection agency/lawyer. ... Sincerely,
This collection letter is another reminder that the amount of [include outstanding amount] due on [include due date] remains unpaid. Please pay this amount as soon as possible / within the stated time frame, X days from the date at the top of this collection letter [include payment instructions].
The letter typically includes the amount of debt, the date it was incurred, and consequences for non-payment like legal action or late fees. Debt collection letters are often the first step in the debt collection process.
This letter shows you the details of a specific debt, outlines what you owe, who you owe it to, and when they need you to pay. Legally, a debt collector has to send you a debt verification letter within five days of their first contact with you. And if not, you should ask for one.
A debt validation letter should include the name of your creditor and how much you owe, The letter will include information about when you need to pay the debt and how to dispute it.
Frequently Asked Questions (FAQ) Type your letter. ... Concisely review the main facts. ... Be polite. ... Write with your goal in mind. ... Ask for exactly what you want. ... Set a deadline. ... End the letter by stating you will promptly pursue legal remedies if the other party does not meet your demand. Make and keep copies.