You received a Drop Dead Letter, Now what? Print E-mail
Written by Kerry S. Doolittle   
Thursday, 15 April 2010

If you are a creditor attempting to collect a debt, and you receive a Drop Dead Letter from the debtor, how do you respond?

You face only two real good choices.  One, either write off the debt and leave the debtor alone.  Or, two, file a lawsuit, in Magistrate Court if $15,000 or less, to continue pursuing the collection legally.

Any other course of action creates a risk of liability for violating the Fair Debt Collection Practices Act. 

When you are involved in a dispute, the last thing you want to do is give the other side something else to argue about which at best distracts or delays your efforts to collect the money owed to you.   At worst you are subject to fines or penalties which offset they debt you were trying to collect in the first place.

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