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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. What is a pay-for-delete letter? - AOL

    www.aol.com/finance/pay-delete-letter-195458239.html

    The premise of a pay-for-delete letter is simple: You offer to pay off the debt, either in full or as a negotiated settlement, and the creditor erases the account from your credit history. However ...

  5. Can a goodwill letter get late payments removed from your ...

    www.aol.com/finance/goodwill-letters-payments...

    A goodwill letter is a formal letter sent to a creditor, lender or collection agency to request forgiveness for a late payment or other negative item on your credit report. In the letter, you ...

  6. Debt collection - Wikipedia

    en.wikipedia.org/wiki/Debt_collection

    a date by which payment of the debt is expected (a minimum of seven days) a request for any disputed issues to be put in writing; The assignment of the claim against the debt shall not be effective if the assigned debt is not real, legitimate, receivable arises from a crime or the debtor is a public institution, political party or homeless ...

  7. Garnishment - Wikipedia

    en.wikipedia.org/wiki/Garnishment

    The IRS must have assessed the tax and must have sent a written Notice and Demand for Payment; The taxpayer must have neglected or refused to pay the tax within the time prescribed in the notice; and, The IRS must have sent a Final Notice of Intent to Levy and Notice of Your Right to A Hearing (levy notice) at least 30 days before the levy.

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