The uniqueness of debt settlement letters
The art of writing letter has power to solve any kind of dispute
and right choice of words in your debt settlement letters can save you from paying more interest in the future. Your each word must
make sense to the collection authority. You want to pay less what you owe and
the creditor wants to collect much from you. Your humble and rational talking
on the paper would result in a balanced situation.
An attempt to
offer lump sum money up front can spoil the situation. The payer has to be
quite patient and write at least 3 debt settlement letters and then follow up the authority to remove his/her
debts. Many people feel strange in writing a letter but human emotions and
psychology are far from digitalization. Your letter must carry formal
communication style while clearly stating your intentions to settle your debt.
You must write all the key information i.e. your full name on the account, your
full address and any linked reference number and account. Besides it, you must
mention the real reason for delay in repaying your debt. This informative style
would motivate the creditor to understand your situation do something
beneficial for you.
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