Free Debtor Help: Debt Validation, Settlement and Collection Letter

Debt Collection Letters Sometimes Offer A Settlement Along with a Validation Period

Hours: M-TH 8am-9pm, F 8am-5pm, Sat 8am-12noon

• ACCOUNT IDENTIFICATION
• Creditor :
• Fwd Creditor :
• Account #
• Creditor #
• File
• Total Bal

This is to advise you that your account has been transferred to our office for collection. As of the date of this letter, you owe. Because of interest, late charges, and other charges that vary from day to day, the amount due on the day you pay may be greater. Hence, if you pay the total balance due shown above, an adjustment may be necessary after we receive your payment.

If you choose not to pay the balance in full, the creditor is willing to accept a settlement of 60% of the total balance due, which is * * * $ * * * as of the date of this letter. Please note that this settlement amount will change if the total balance due changes. This offer does not cancel nor override your dispute rights set forth below.

Unless you notify this office within 30 days after receiving this notice that you dispute the validity of this debt or any portion thereof, this office will assume this debt is valid. If you notify this office in writing within 30 days from receiving this notice, this office will obtain verification of the debt or obtain a copy of a judgment and mail you a copy of such judgment or verification. If you request of this office in writing within 30 days after receiving this notice, this office will provide you with the name and address of the original creditor, if different from the current creditor.

This is an attempt by a debt collector to collect a debt. Any information obtained will be used for that purpose. If you pay us by check, the check writer authorizes Academy or its agent to re-present the check electronically if the check is returned for insufficient or uncollected funds. A returned check charge of $4.00 may be added to your account if such check is ultimately returned as unpaid.

Yours truly,
Debt Collector

NOTICE: SEE REVERSE SIDE FOR IMPORTANT INFORMATION.
Side 1 of 2
---------------------------------------------- Please Detach and Return Bottom Portion with Payment ---------------------------------------------
Enter the requested information in the spaces provided below:
CHECK PAYABLE TO:

From:	Employer:
Change of Address:	Address:
City, State, Zip:	City, State, Zip:
Telephone:	Telephone:
	Total Balance Due
	Amount Enclosed
	Creditor Acct #
	File #

Reverse Side

We are required under State Law to notify consumers of the following rights. This list does not include a complete list of rights consumers have under State and Federal Laws.

This is an attempt to collect a debt. Any information obtained will be used for that purpose. This communication is from a debt collector.

*ADDITIONAL INFORMATION FOR CALIFORNIA RESIDENTS*

The state Rosenthal Fair Debt Collection Practices Act and the federal Fair Debt Collection Practices Act require that, except under unusual circumstances, collectors may not contact you before 8am or after 9pm. They may not harass you by using threats of violence or arrest or by using obscene language. Collectors may not use false or misleading statements or call you at work if they know or have reason to know that you may not receive personal calls at work. For the most part, collectors may not tell another person, other than your attorney or your spouse, about your debt. Collectors may contact another person to confirm your location or enforce a judgment. For more information about debt collection activities, you may contact the Federal Trade Commission at 1-877-FTC-HELP or www.ftc.gov.

*ADDITIONAL INFORMATION FOR MASSACHUSETTS RESIDENTS*
NOTICE OF IMPORTANT RIGHTS:

YOU HAVE THE RIGHT TO MAKE A WRITTEN OR ORAL REQUEST THAT TELEPHONE CALLS REGARDING YOUR DEBT NOT BE MADE TO YOU AT YOUR PLACE OF EMPLOYMENT. ANY SUCH ORAL REQUEST WILL BE VALID FOR ONLY TEN (10) DAYS UNLESS YOU PROVIDE WRITTEN CONFIRMATION OF THE REQUEST POSTMARKED OR DELIVERED WITHIN SEVEN (7) DAYS OF SUCH REQUEST. YOU MAY TERMINATE THIS REQUEST BY WRITING TO THE DEBT COLLECTOR.

*ADDITIONAL INFORMATION FOR COLORADO RESIDENTS*

FOR INFORMATION ABOUT THE COLORADO FAIR DEBT COLLECTION PRACTICES ACT, SEE WWW.AGO.STATE.CO.US/CADC/CADCMAIN.CFM

*ADDITIONAL INFORMATION FOR MINNESOTA RESIDENTS*

This Collection Agency is licensed by the Minnesota Department of Commerce.

*ADDITIONAL INFORMATION FOR NORTH CAROLINA RESIDENTS*

North Carolina Permit.

*ADDITIONAL INFORMATION FOR NEW YORK CITY RESIDENTS*

New York City Department of Consumer Affairs License.

*ADDITIONAL INFORMATION FOR TENNESSEE RESIDENTS*

This Collection Agency is licensed by the Collection Service Board of the Department of Commerce and Insurance.

*ADDITIONAL INFORMATION FOR WISCONSIN RESIDENTS*

This Collection Agency is licensed by the Division of Banking P.O. Box 7876, Madison, Wisconsin 53707.

*ADDITIONAL INFORMATION REGARDING SETTLEMENTS*

If after settlement, the discharge of indebtedness is greater than $599.99, our client may be required by Federal Law (IRS 6050P) to report this amount and send you a form 1099-C.