Debt Collection Letters for Creditors

Debt Collection Letters for Creditors

I can’t tell you how many times we are asked about debt collection letters and how to collect on a debt. Well, I finally found a service worth telling you about that can provide a wide variety of debt collection letters for a private creditor.

It seems that the collection business is a big mystery to many individuals and small businesses that are owed money. Whether it’s from a bad check someone gave you (NSF), a judgment, child or spousal delinquencies, or a promissory note gone bad, it’s difficult for the average person to be a creditor.

I have helped many collection agencies and skip tracers with search services and I wanted to introduce a new flat rate collection company that offers debt collection letters for creditors.

If you are trying to collect on any of the following debts try this service:

  • Delinquent Accounts
  • Unpaid Invoices
  • Past Due Bills
  • Court Judgments
  • Unlawful Detainer Judgments
  • Unpaid Child/Spousal Support
  • Bounced Checks
  • Debtors that are companies or corporations

Letters and flat rate plans and packages also available that include a pre-collect or “soft” collection letter as well as a payment plan that allows you to send a reminder letter once a month for up to 12 months if you and your debtor can agree on a payment plan.

It also solves another frequent question about how to report a debt to the three collection bureaus. One of the biggest benefits of working with a flat rate is that there are no commissions or percentages to pay and for only a few bucks you can have your debtor reported to the credit bureaus. This is really your only recourse if the debtor just won’t pay.

Once you report a debtor to the credit bureau they will need to pay you in order to get any new credit. If they try to purchase a home, car or anything that requires credit, your debt will show up on the report. We know of several instances where a very small debt forced the debtor to pay the balance in order to get a car loan.

ABOUT THE AUTHOR: Noah Wieder is President and CEO of Intelligent eCommerce, Inc. and the founder of Bestpeoplesearch is a private investigtor portal and Information Retrieval Services web site where investigators offer searches to businesses and individuals with specific search needs.

Categories: debt, collection, BPS