Writing debt settlement letters? What to include? Anyone have a “mock” letter?
I’ve asked questions regarding debt settlement a few times. As some of you know, one of my friends is going to through this process and asking me for advice. I know very little, so I turn here for some help. :o) Here is my question and scenario…
She wants to make an offer to the credit card company, so she is going to send a letter in writing and have them respond in writing. What should her letter include?! I have no idea. Maybe something similar to the below? Or, is more needed? THANK YOU!
Credit Card Company,
In regards to account #### for HER NAME, I am willing to offer you $ XXXX.XX as payment in full. If this amount in accepted, the debt will be settled and account closed.
Please respond in writing and upon receipt (if the offer is accepted), I will mail you a money order for that amount.
HER CONTACT INFO