What is the purpose of a debt collection letter? A debt collection letter may serve one, some or all of the following purposes: Informing debtors that they owe you money: If this is your goal ...

By law, the credit bureaus must validate the debt within 30 days or they must remove the debt. Mail each credit bureau a copy of the validation notice and cease and desist letter.

If you've received a notice from a debt collector, but have reason to believe you don't actually owe that debt (or owe a lot less than they say you owe), federal law gives you a brief opportunity ...

This letter asks them for more information so you can find out. Dispute And Proof Letter If you know for sure that that a debt doesn’t belong to you, or that you no longer own it, send this letter.

A collection letter that is often for some silly, small amount, like $80. You’re probably thinking that isn’t a big deal, but that attitude can cause you a big problem on your credit report.