Letter For Recovery Of Amount In King

State:
Multi-State
County:
King
Control #:
US-0026LTR
Format:
Word; 
Rich Text
Instant download

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

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  • Preview Sample Letter for Recovery of Judgment from Defendants

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FAQ

I would be very grateful if you would consider writing off the outstanding debt owing. I have always taken my financial responsibilities very seriously but unfortunately, my circumstances are so bad that I cannot realistically maintain payments of any kind.

Unfortunately, my circumstances are unlikely to improve in the foreseeable future and I have no assets to sell to help clear my debt. I am therefore asking you to consider writing off my debt as I can see no way of ever repaying it. If you are unable to agree to this, please explain your reasons.

I respectfully request that you forgive my alleged debt, as my condition precludes any employment, and my current and future income does not support any debt repayment. Please respond to my request in writing to the address below at your earliest convenience. Thank-you in advance for your understanding of my situation.

Even if that's the case, it's important not to ignore letters or communications from DRP. Tempting as it is, ignoring your debt problems won't make them go away. The longer you ignore your debts, the worse they get, especially if the creditor begins to apply interest fees and charges.

If you do not respond, you will lose certain rights, but it is not a legal admission, usable in court, that you owe the debt. If there is no response, or if the letter goes back to the collection agency undelivered or marked moved, deceased, in jail, etc., the collection agency can still due you.

If you've received a letter of claim Use the reply form to: say you disagree you owe the debt. tell your creditor you're getting debt advice and have an appointment - say you'll need longer than 30 days. ask for more information from your creditor - for example, an account statement or copy of the credit agreement.

If you do not receive a copy, send an email request to scexparteorders@kingcounty and staff will send a copy if they have access to the documents. Please be advised that Ex Parte staff do not have access to the documents after they have been transferred to the Clerk's Office for filing.

Any individual may file a small claims suit. Small claims filed by a “natural person” (a human individual) are limited to no more than $10,000. Small claims filed by anyone other than a “natural person” (may be a business, partnership, or corporation in many cases) are limited to no more than $5,000.

Conclusion: Going to small claims court may be worth it for $500, but it will determine how you weigh your costs versus benefits. At a minimum, it is worth it to send a demand letter.

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Letter For Recovery Of Amount In King