Fill and Sign the Letter Debtor Form

Initial Letter or Notice from Collection Agency to Debtor Dear ____________________________________________ (name of debtor): We have been asked by _____________________________________ (name of creditor) to collect from you the entire balance of a debt you owe __________________________ _____________ (name of creditor) . As of _______________________________ (date of balance) , the amount of the debt is $______________. If you want to resolve this matter without a lawsuit, you must, within (state specific time period) ____________________________________________________ of the date of this letter, either pay $_______________ against the balance that you owe (unless you have paid since your last statement) or call _____________________________________ (name of creditor) at __________________________________ (telephone number of creditor) and work out arrangements for payment of your debt. If you do neither of these things, we will refer this matter to an attorney to file a lawsuit against you for the collection of this debt. Federal law gives you 30 days after you receive this letter to dispute the validity of the debt or any part of it. If you do not dispute it within that period, we will assume that it is valid. If you do dispute it (by notifying us in writing to that effect), we will, as required by the law, obtain and mail to you proof of the debt. And if, within the same period, you request in writing the name and address of your original creditor, if the original creditor is different from the current creditor ______________________________________ (name of creditor) , we will furnish you that information also. The law does not require us to wait until the end of the 30-day period before suing you to collect this debt. If, however, you request proof of the debt or the name and address of the original creditor within the 30-day period that begins with your receipt of this letter, the law requires us to suspend our efforts. ________________________________ Name of Collection Agency By: ________________________________ ____________________________________ (Signature and Office in Agency)