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Final demand letter: This type of letter is sent as a last warning before taking legal action, giving a specific deadline for payment.
[Your Name] [Your Address] [City, State ZIP Code] [Your Email Address] [Your Phone Number] [Date] [Debtor’s Name] [Debtor’s Address] [City, State ZIP Code] Dear [Debtor’s Name], I am writing to demand immediate payment of the outstanding debt of [$amount] that … Continue reading
Posted in Debt Collection Letters, Final demand letter
Tagged action, collect debt, communication, credit, deadline, Debt, demand, final, harassment, invoice, last, last resort, legal, letter, outstanding, overdue, payment, reminder, warning
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Initial debt collection letter: This type of letter is sent as a first reminder to the debtor, requesting payment of the outstanding debt.
[Your Name] [Your Address] [City, State ZIP Code] [Your Email Address] [Your Phone Number] [Date] [Debtor’s Name] [Debtor’s Address] [City, State ZIP Code] Dear [Debtor’s Name], I am writing to inform you that there is an outstanding debt of [$amount] … Continue reading
Posted in Debt Collection Letters, Initial debt collection letter
Tagged action, collection, credit, Debt, difficulties, financial, initial, invoice, legal, letter, outstanding, overdue, payment, reminder, solution
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Debt Collector
A debt collector is a person or company that is in the business of collecting unpaid debts on behalf of creditors. Creditors are the entities to whom the debt is originally owed, such as a bank, credit card issuer, or … Continue reading
Financial assistance for getting out of debt
Debt can be a burden for many individuals and families. It can be stressful and overwhelming, especially when you are struggling to make ends meet and pay off your debts. If you are struggling with debt, there are a few … Continue reading
Posted in Financial help, Get Out of Debt, Re-Financing
Tagged Bankruptcy, Bankruptcy attorney, Budgeting, Credit counseling, Credit score, Debt, Debt consolidation, Debt settlement, Default, Financial advisor, Financial assistance, Interest rates, Legal process, Monthly payments, personal finance
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