Bill Collection Letter (cont.)
Here is another set of bill collection letters you can utilize. You may change and edit the letters for fit your needs. These letters may help creditors and collection agencies to communicate effectively with their customers. It also provide for a foundation that could be the basis for you future exchanges.
Creditors should also be familiar with the Fair Debt Collection Practices Act (FDCPA). This law identifies the rights of consumers in relation with the debt collectors, the guidelines on how the debt collectors should conduct business, the penalties and punishments if the debt collectors violated any of the rights of the consumers.
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COLLECTION LETTER- Another Reminder Agency/ Firm’s name) (Street) (City, state, zip) (Date) (Customer’s name) (Street) (City, state, zip) _____________________ Dear__________ (Customer’s name): Again, we remind you of your open account that is now _______ (number of days) beyond our (number of days) terms. We must warn you though that you can no longer delay payment if you wish to keep your account open. We also advised you to contact us to discuss ways on how we can work together to reduce this balance. We are here to help you in any possible way. Please don’t fail the company and us now. At the very least, please send us an explanation with a partial payment of at least _________ (dollar amount) to keep your account open. We are looking forward to taking with you. Sincerely (name) (title) (phone) |
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COLLECTION LETTER- Deadline Agency/ Firm’s name) (Street) (City, state, zip) (Date) (Customer’s name) (Street) (City, state, zip) _____________________ Dear__________ (Customer’s name): ___________(time period), just (time period) is the allowed time to extend your iopen account. After the time- __________(date) our legal staff will take to the appropriate legal action to collect the balance on your overdue account. We have repeatedly written and phoned your office to ask for your payment. We understand that you are preoccupied with a lot of important things, nonetheless we would greatly ask for your cooperation. We expect a payment of ________(dollar amount) from you on or before ______(date). Sincerely, (name) (title) (phone) |
