Fair Debt Collection
You’ve been paying a debt collector right along when he suddenly demands higher payments or the entire balance. You’re not sure what to do and wonder if his demand is even legal? This “bait and switch” may be illegal debt collection tactics under the Fair Debt Collection Practices Act.The debt collector may just be liable to you for statutory damages of up to $1,000, plus any actual damages suffered, plus attorney fees! Submit your information to a FREE* Fair Debt Lawyer by clicking here for a FREE* Fair Debt Case Review or calling toll free 888-332-7252 to connect with a FREE* Fair Debt Lawyer.
Payment Refusal Letter
When debt collectors or collection agencies refuse to accept your regular payment and demand a higher amount or the entire balance, you should send a letter explaining your situation; that is you want to continue to paying but cannot afford the amount they are demanding therefore, because THEY REFUSE to accept your regular payments, you have no choice but to terminate the relationship.
Feel free to copy and paste the letter below into your word processor.
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Payment Refusal and Termination Sample Letter Today’s Date Your Name Attention: {name of collector} RE: Your {letter dated} or {phone call on date} reference account #: {place account or reference number here} Dear Mr./Ms. {Collector’s Name} I have paid on this account per our payment agreement dated (insert date of verbal or written agreement). My records indicate that I have made (insert number) payments in the amount(s) of $(insert amount(s) for a total of $(insert total) leaving a balance of $(insert balance). Although I certainly want to continue paying on this debt, I simply cannot afford to pay the new, higher amount you are demanding. Unless you agree to continue accepting my regular payment amount, then per your communication informing me that you refuse to accept my payments, you leave me no choice but to terminate this relationship. For the record, do not contact me by phone on any number ever again regarding this account. You may, however, contact me in writing to inform me that you will accept my previous payment amount or that you intend to take other actions as outlined in the Fair Debt Collection Practice Act. Should you decide to take legal action to enforce this debt, be advised that I welcome the opportunity to show any judge my efforts to resolve this issue. I have kept extremely accurate records of all correspondence and payments concerning this account and have complete confidence that any judge would agree that my efforts have been in good faith. Signature here |
Send the letter above using these dispute debt collection mailing instructions.
To dispute an invalid debt use this disputing debt sample letter
If you’ve fallen behind on your bills, especially credit cards, don’t panic. You may have several good options available to you. Your success starts by assessing your current situation and finding Attorneys For Consumers licensed in your state.
How Debt Settlement Works:
– Lower your interest rate!
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– No more dealing with creditors, let an attorney do that for you!
Call 888-332-7252 NOW for a FREE consultation and case review, or complete this easy online debt settlement consultation form!