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Notification of lawsuit The following is a sample letter informing a credit reporting agency that you have filed suit against them. June 13, 2007 Equifax 1550 Peachtree Street Atlanta, GA 30309 To Whom It May Concern: Enclosed is a copy of the lawsuit that I filed against you in (my county) court on March 22, [...]
The Letter to Send to the Credit Bureaus After the Collection Agency Fails to Validate Your Debt Assuming you have contacted the collection agency using our debt validation methods, and they have failed to send you adequate proof of your legal obligation to pay a debt, this is the letter you need to write to [...]
Write a Collection Agency to Stop Them from Reporting Zombie Debt If a collection agency is coming after you for zombie debt (debt which is outside of the statute of limitations), here is the letter you should send them. This letter is a triple whammy – it tells the collection to get lost because the [...]
Debt Validation You don’t have to go quoting a bunch of laws and regulations the first time you request debt validation from a collection agency. Really! Merely requesting it is sufficient to start the ball rolling under the FDCPA. <Name> <Address> <Collection Agency> <Collection Agency Address> <Date> Re: Acct XXX-XX-XXXXX I just pulled a copy [...]
Attempt to Validate Debt The following is a sample letter requesting a collection agency to validate that they owe you a debt. You can also try this letter. Confused about how to use this form or have questions about the debt validation technique? We are here to help! Call us to speak to a credit [...]
Cease and Desist The following is a sample letter requesting a collection agency to cease and desist contact with you for a debt owed. CEASE and DESIST COLLECTION EFFORTS Cheatem Collections 123 Fagetaboutit Ave Chicago, IL 17 April 2000 RE: Account 5145454156 Dear Sir or Madam: I request that you CEASE and DESIST in your [...]
Reduction of Debt The following is a sample letter requesting the reduction of a debt owed. AGREEMENT TO COMPROMISE DEBT ABC Collections, Inc, referred to as COLLECTION AGENCY and John Q. Consumer, referred to as CONSUMER, agree to resolve the matter of the alleged debt, originally held by the ______________________ Company, hereafter referred to as [...]
Californians get a special break on full payment laws due to a legal loophole. California lets creditors cross out the full payment language and sue you for the balance. However, when they passed this law, they also passed a separate law allowing California debtors to get around it. (Don’t ask me why). Getting around this [...]
Removing inquiries Prepare letters to each inquiring creditor asking them to remove their inquiry. The Fair Credit Reporting Act allows only authorized inquiries to appear on the consumer credit report. You must challenge whether the inquiring creditor had proper authorization to pull your credit file. Your letter can go something like this: Re: Unauthorized Credit [...]
Follow up letter to initial credit bureau contact. In this letter, and all succeeding correspondence with the credit reporting agency, you need to get increasingly threatening. Your Name 123 Your Street Address Your City, ST 01234 Credit Bureau Credit Bureau Address Some City, Any State 56789 Date: RE: Dispute Letter of Date you sent in [...]