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.
Q&A Related to "How to Write a Collection Letter"
Knowing how to write a collection letter that strikes a tone between serious and personable is a critical skill for an accounts receivable clerk. Asking someone for payment is often
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1. Review the customer's payment history. A collections letter to a longtime customer with a solid payment history should feature a gentler tone than a letter to a new customer who
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Primarily collections departments and collections agencies. Most of these organizations have a series of form letters they send. The bulk of collections is done this way, not requiring
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1. Gather your pen or pencil and paper, if you are writing the letter by hand. If you are writing the letter on a computer, open a new document in your word processing program, such
http://www.ehow.com/how_8317463_write-basic-letter...
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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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