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Thursday, September 27, 2007

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 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 http://www.bestpeoplesearch.com/. Bestpeoplesearch is a private investigtor portal and Information Retrieval Services web site where investigators offer searches to businesses and individuals with specific search needs.
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1 Comments:

Blogger Chris said...

There are so many debt collections agencies that it is important to find one that caters to just the kind of debt that you're chasing.

March 13, 2008 10:54 AM  

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