Sample "Debt Collection Letter"

A Debt Collection Letter is a formal statement prepared by a lender and sent to a borrower with the request to handle the unpaid debt. A document of this kind usually serves as the last warning to the debtor who may have ignored attempts of the lender to communicate with them in the past. Consider drafting this letter before commencing legal proceedings to receive the money you owed as a courtesy to the debtor who may have a good explanation for the payment default and as an opportunity to avoid legal fees.

You can download a Debt Collection Letter Sample through the link below. To compose an effective letter that will not be ignored by the recipient, you need to state the purpose of your message - to remind the debtor about the money they owe you personally or to the organization you represent, indicate the deadline for the payment, confirm your intention to file a lawsuit against them if they do not comply with your demands, and record your contact information and bank account details for them to deposit the payment. Send the letter via certified mail to get proof of delivery.


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Sample Debt Collection Letter
From: Davy Crockett Construction
1234 Freedom Blvd.
Dallas, Texas 75043
[Date]
To: Patricia Belman
2642 West Jackson Ave.
Dallas, Texas 75019
Urgent: Please Rectify This Matter Immediately
Dear Mrs. Belman,
Despite our previous reminders, the below amount due remains unpaid. As such, we
would appreciate you making this payment as soon as possible.
Amount Due: $4,000.00
Please Remit Payment to: 1234 Freedom Blvd. Dallas, Texas 75043
We regret to advise that unless payment is received by August 1st, 2020, this collection
will be passed over to our debt collection lawyer/agency. This could seriously affect your
credit rating and therefore we urge you to contact us immediately to make the payment or
arrange an alternative before this date.
You have the right to dispute this debt by submitting written notice within 20 (twenty)
days of receiving this letter. If this letter is not disputed within the 20 (twenty) day
time-frame then the collection will be considered accepted by the debtor.
Sincerely,
Bill Grant, Davy Crockett Construction Manager
[Signature]
©
TEMPLATEROLLER.COM
Sample Debt Collection Letter
From: Davy Crockett Construction
1234 Freedom Blvd.
Dallas, Texas 75043
[Date]
To: Patricia Belman
2642 West Jackson Ave.
Dallas, Texas 75019
Urgent: Please Rectify This Matter Immediately
Dear Mrs. Belman,
Despite our previous reminders, the below amount due remains unpaid. As such, we
would appreciate you making this payment as soon as possible.
Amount Due: $4,000.00
Please Remit Payment to: 1234 Freedom Blvd. Dallas, Texas 75043
We regret to advise that unless payment is received by August 1st, 2020, this collection
will be passed over to our debt collection lawyer/agency. This could seriously affect your
credit rating and therefore we urge you to contact us immediately to make the payment or
arrange an alternative before this date.
You have the right to dispute this debt by submitting written notice within 20 (twenty)
days of receiving this letter. If this letter is not disputed within the 20 (twenty) day
time-frame then the collection will be considered accepted by the debtor.
Sincerely,
Bill Grant, Davy Crockett Construction Manager
[Signature]
©
TEMPLATEROLLER.COM