What is a drop dead letter?

A “drop dead” letter is written notification from you to any collection agencies that are harassing you. It informs the agencies that you’re aware of your rights under FDCPA and that you’re requesting they stop contacting you about a given debt — effective immediately!

How do I write a letter to settle a Judgement?

When writing a debt settlement letter, it’s important to be explicit and detailed. Treat the letter as a contract between you and your creditor. Include your personal information and account number for easy identification. You’ll need to outline the amount you can pay and what you expect in return.

What does a Drop Dead Letter to a creditor mean?

A “drop dead” letter to a creditor is a formal request for the agency to stop contacting you about the balance. The Fair Debt Collection Practices Act is the federal legislation that gives you this right.

Who is the author of dead letter drop?

Featuring a special introduction by Peter James, Dead Letter Drop is Peter James’ first ever novel, originally published in 1981. Max Flynn, undercover agent, has the unenviable job of spying on his own side. When to kill, who to kill, whether to kill are all questions which have to be answered at great speed if he wants to stay alive.

What happens if you send a Drop Dead Letter to a collection agency?

A “drop dead” letter, while keeping collection agencies out of your face, doesn’t expunge your responsibility to pay a debt that you legitimately owe. The collection agency can still elect to sue you against that debt. Persistent misconceptions spread on social media would have you believe otherwise. But it’s simply not true.

Can a debt collector send a cease and desist letter?

If you issue a “drop dead” letter, send it by certified mail. Should a “drop dead” letter does not work, you can hire a lawyer to send a cease and desist letter. Once your hire a lawyer to handle your debts, the debt collector can only contact you via the lawyer.

What’s the difference between a demand letter and a Drop Dead Letter?

However toughly worded, the demand letter is an invitation to the employer to resolve the case before tens or hundreds of thousands of dollars are spent on litigation. The defense attorney, whether in-house or outside counsel, who eschews settlement should, of course, respond with a “drop dead” letter.