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2. Demand letter - Wikipedia

   en.wikipedia.org/wiki/Demand_letter

   A demand letter, letter of demand, [1] (of payment), or letter before claim, [2] is a letter stating a legal claim (usually drafted by a lawyer) which makes a demand for restitution or performance of some obligation, owing to the recipients' alleged breach of contract, or for a legal wrong.

3. Dunning (process) - Wikipedia

   en.wikipedia.org/wiki/Dunning_(process)

   Sample dunning record, from a 1913 business manual. Dunning is the process of methodically communicating with customers to ensure the collection of accounts receivable . Communications progress from gentle reminders to threatening letters and phone calls and more or less intimidating location visits as accounts become more overdue .

4. How to spot debt collection scams: 8 signs to watch out for

   www.aol.com/finance/spot-debt-collection-scams-6...

   Receiving a call, email or letter from a company purporting to be a debt collector can spark alarm. Before disclosing any information, look for these eight signs of a fake debt collection scam. 1.

5. What to do about a bank account levy - AOL

   www.aol.com/finance/fight-creditor-account-levy...

   Key takeaways. A creditor may place a bank levy on your account to collect on an unpaid debt. With a bank levy in place, your account will be frozen until the creditor takes the money you owe ...

6. Legal tender - Wikipedia

   en.wikipedia.org/wiki/Legal_tender

   Legal tender is a form of money that courts of law are required to recognize as satisfactory payment for any monetary debt. [1] Each jurisdiction determines what is legal tender, but essentially it is anything which when offered ("tendered") in payment of a debt extinguishes the debt. There is no obligation on the creditor to accept the ...

7. Scam Calls: 'State Police' Demand Debt Payments

   www.aol.com/2011/03/03/scam-calls-state-police...

   A new phone scam has swept states over the past month in which callers claim to be law enforcement agents seeking payment of a debt. New York State Police have put out a warning about the calls ...