Sample Letter Rejecting Settlement Offer With Debt Collector In Washington
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Dear debt collector, I am responding to your contact about collecting a debt. You contacted me by phone/mail, on date and identified the debt as any information they gave you about the debt. I do not have any responsibility for the debt you're trying to collect.
I am responding to your contact about a debt you are attempting to collect. You contacted me by phone/mail, on date. You identified the debt as any information they gave you about the debt. Please stop all communication with me and with this address about this debt.
If you get an unexpected call from a debt collector, here are several things you should never tell them: Don't Admit the Debt. Even if you think you recognize the debt, don't say anything. Don't provide bank account information or other personal information. Document any agreements you reach with the debt collector.
This letter should clearly state the reasons for rejecting the offer, such as it not providing maximum compensation for the damages incurred. Provide specific reasons for your rejection, highlighting the damages and losses not covered by the proposed settlement.
Respond to their communication in writing saying something along the lines of: Dear sirs, Thank you for your communication dated xx, the contents of which have been noted. I do not recognise this alleged debt, and require you to prove this alleged debt.
I am writing in regards to the above-referenced debt to inform you that I am disputing this debt. Please verify the debt as required by the Fair Debt Collection Practices Act. I am disputing this debt because I do not owe it. Because I am disputing this debt, you should not report it to the credit reporting agencies.
Negotiating with debt collectors is a four-step process. Verify the legitimacy of both the debt and the collector. Review your finances and choose your most affordable payment option. Negotiate with the debt collector. Get agreements in writing.
If you write a letter, instead of using the tear-off form, the debt dispute letter should include your personal identifying information; verification of the amount of debt owed; the name of the creditor for the debt; and a request the debt not be reported to credit reporting agencies until the matter is resolved or ...
Whether you negotiate by telephone or in writing, stick to your plan. It may take several calls, e-mails, or letters to reach an agreement. It's okay to walk away if you don't reach an agreement. You can always try to negotiate again later.
