Today's Date (dd-mm-yyyy)
Debt Collector's Name
Debt Collector's Address
RE: Collection Letter, Date (dd-mm-yyyy), Account #: (####)
Mr/Mrs. Debt Collector,
I am writing this letter in response to your (Letter or Phone Call) dated (dd-mm-yyyy)
regarding collection of the above referenced debt. I want to inform you that I have
lost my sole source of income (or have incurred permanent / temporary disability)
and am unable to make payments towards the above referenced debt.
Since i have lost my source of income, I also want to inform you that I own no personal
valuable assets which can be liquidated to pay off the above referenced debt. I
therefore want to save us both a great deal of valuable time, energy and money and
ask you to stop calling me. According to the Fair Debt Collection Practices Act,
[15 USC 1692c] Section 805(c): CEASING COMMUNICATION:, you must STOP all communication
with me after having received this letter.
This letter is my request to you to stop calling me! You can only call me under
2 circumstances now:
- You're ending any more collection efforts of debt owed
- You're taking a specific course of action against me
I am not a chicken to run away from my debts. This is why I am contacting you with
this letter. If my financial situation ever improves again, I would be more than
willing to resume making payments on the above mentioned debt.
Thank you for your understanding.
(Your Printed Name)