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This letter should ... I would also like more information about your firm before any further debt discussions take place. Does your firm have a debt collection license from my state?
If your typical communication channels aren’t succeeding in retrieving your clients’ unpaid debt, you may need to take more formal action. Debt collection letters should be the first step in ...
To do this, you'll write a detailed letter demanding ... They look for issues like time-barred debts, verification failures, or violations of the Fair Debt Collection Practices Act that strengthen ...
The Consumer Financial Protection Bureau (CFPB) offers templates for these letters on their website. Request specific ...
Here’s what you can do if you receive a debt collection text, call, email or letter: Staying ahead of scams is the best way to avoid them. If you’re unsure what to look for with the credit ...
The court held that “the fact that other sections of the FDCPA — like § 1692g(a)(4 ... The court also held that Monarch’s debt collection letter violated § 1692e as a false representation ...
Tayne says a lot of her clients panic after receiving a debt collection letter. Many want to immediately pick up the phone and call the creditor to explain the debt, but she says this isn’t in ...
What to look for in your debt validation letter When you first receive a debt validation letter from a collection agency, you need to read it — compare the information given about the amount of ...