Sample Letter: How To Stop Collection Agency Harassment

Calls and other correspondence from collection agencies seeking payment for outstanding debts can be invasive and harassing in nature. There are certain rules and regulations collection agencies must adhere to or else face hefty fines. If you are on the receiving end of correspondence from a collection agency that is trying to collect a debt that is invalid, outdated or inaccurate you have the right to request they stop contacting you at home and/or work. In fact, even if you do owe the debt which... 

Sample Letter: How To Notify Creditors After a Death

When family members pass away, there is a lot of things to consider and a lot of paperwork to complete. Sadly, in addition to all of the grief that accompanies a death of a loved one, there can also be additional grief that comes from the con artists who take advantage of the situation. As in life, identity theft is a concern in death. A deceased’s Social Security number can still be used as notification of a death may take some time for family members to accomplish. Until banks, credit card companies,... 

Sample Letter For Mortgage Hardship

With many people facing an uncertain financial future and still reeling from the effects of the recession it has become necessary for many people to communicate their hardships to their lenders.  Some lenders are willing to work with borrowers who can show they are experiencing a financial hardship. In many cases these lenders require a “hardship” letter.  Here we have a sample of a hardship letter for a mortgage loan. Example Hardship Letter: Name: (Your Name) Address: (Your Address) Lender... 

Sample Letter: How To Ask for A Lower Interest Rate

With the recent incidents of credit card companies raising interest rates, even on the accounts of excellent customers, many consumers have begun to fight back and are working to get a reduction. Getting a reduction on your credit card interest is not impossible, provided you are a good customer, you pay on time all the time, you have a good credit score, you pay more than the minimum each month, and you do not have a high debt-to-income ratio. Here is a sample of a letter you can modify and send... 

Debt Settlement Letter Sample: How To Settle Your Debts Yourself

When it comes to the tactics used for debt elimination, debt settlement is an option that can help you avoid the time and expense of bankruptcy. Debt settlement involves direct negotiations with your creditors where you essentially offer to pay a lump sum amount, lesser than the total balance due, but which will satisfy your debt as paid in full. Debt settlement companies can often be fly-by-night organizations set up to scam you out of money or they might be perfectly reputable business that can...