How to Write a Collection Letter?

Answer

Writing a Collection Letter is very simple. Write a brief, one page letter that serves as a courteous reminder. State the basic facts about the debt are trying to collect and set a deadline for when expect to be contacted. Send a second letter if do not receive a response by the date specified. Refer to the first letter sent and restate the facts about the account. Again, set a date for response or payment. Increase the starkness of each letter, and send a third letter expressing shock at the lack of response to request for payment. If incomplete payment has been received, note the payment and balance owed. Document the series of letters, and record collection efforts as well as any partial payments. And send a final letter stating efforts and intent to turn the account over to a third party collection agency or attorney. Hand in the account information to a credit office, collection agency or attorney.
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How to Write a Collection Letter
A collection letter should be used when a customer, client or vendor has failed to make payments as agreed. This is not a fun task, but it doesn't have to be difficult. Here are some helpful tips for writing professional collection letters.... More »
Difficulty: Easy
Source: www.ehow.com
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To write a collection letter, it needs to be properly addressed to the person. State exactly what you are collecting on and the amount owed with interest. You then should keep a copy
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To write a collection letter, it needs to be properly addressed to the person. State exactly what you are collecting on and the amount owed with interest. You ...
To write a collection letter, it needs to be properly addressed to the person. State exactly what you are collecting on and the amount owed with interest. You ...
To write a collection letter, it needs to be properly addressed to the person. State exactly what you are collecting on and the amount owed with interest. You ...
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