Below is the letter I am sending out to a collection account I have. I used the example on this website and changed some items to make it clear I am not accepting responsiblity for this debt. Anyone have an opinion on giving them a "must return by" date for this? Anything else I should add? All help appreciated. _________________________________________________ <date> <collection company> <address> <city, state zip> Re: <account #> Dear Sirs: This account is in dispute. This letter is an offer to amicably settle this account. The alleged debtor, <your name>, does not admit liability for the claims made by <collection agency>. The purpose of this settlement is merely to avoid the potential future costs of litigation. It is not to be construed as an acknowledgment of liability for this debt in any form. <your name> will pay your company the amount of <$> as full settlement of this account. If you accept this agreement, funds for the settlement amount of <$> will be sent in exchange for a full deletion of all references regarding this account from my credit profile and full satisfaction of the debt. This agreement is binding and will be void should you not hold up to your end of the agreement. Furthermore, the debt will be deleted from my credit profile at all three credit bureaus and the bureaus your company reports to in the course of business. If you agree to the above, please acknowledge with your signature and return a copy to me. Upon receipt of this signed acknowledgment, funds in the amount stated above will be promptly sent. Notice: This agreement is restricted. This is not a renewed promise to pay but rather a restricted settlement offer only. By not signing below, you agree that the debt has not been renewed nor has any concrete written agreements been exchanged. Both parties agree that no future reporting or verification of the alleged debt shall be provided to any credit bureau. <collection company> Authorized Signature: _____________________________ Title: _____________________________ Date: ____________ Please forward correspondence regarding this account to: <your name> <your address> <your city, state zip> __________________________________________________
Below is the letter I am sending out to a collection Higher =============================== Have you sent them the Reg.Val.Letter yet? If you did what were the results?
I don't think it would be very enforceable. How do you prove that a CA rep actually signed it? Try including a notary public thingy at the end. STATE OF_________________ COUNTY OF ______________________ Personally appeared before me, ________________________ the undersigned, a Notary Public in and for said County and State, personally appeared_________________________, with whom I am personally acquainted (or proved to me on the basis of satisfactory evidence), and who upon oath acknowledged that himself/herself to be________________________ of so and so collection agency, the within named bargainor, and that he/she as such_______________________, being authorized to do so, executed the foregoing instrument for the purposes within executed within the instrument for the purposes therein contained, by signing the name of the company by himself/herself as _________________________. Witness my hand and seal, at office in _______________ name of your state, this day of _______________ 2003. _____________________________________ My commission expires: _____________________________ NOTARY PUBLIC
