This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. It’s one thing if a client pays your most recent ...

Business collection letters usually adjust their tone to the amount of time an invoice is delinquent. While the primary goal of a collection letter is to persuade the customer to submit payment, the ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Before a debt collector can pursue you for a debt, they are generally required to first send you a debt validation letter. This ...

So, you’re dealing with unpaid invoices and thinking it’s time to send a collection letter. It’s not just about reminding them to pay up; it’s about doing it right. You want to be firm but not burn ...

If you've been called by a debt collector and aren't sure what to do, the U.S. Consumer Financial Protection Bureau has provided five sample letters to help defend yourself against deceptive or ...

If you receive a collections notice from a debt collection agency and do not believe the debt to be yours or the amount to be inaccurate, you may dispute the debt with the collection agency by writing ...

If you’re in trouble with collection agencies, you have strong rights under federal law to prevent those agencies from harassing you. Under the Fair Debt Collection Practices Act (FDCPA), collectors ...

For the first time since the pandemic, the Internal Revenue Service is sending out collection letters. And while no one wants to look in their mailbox and see a letter from the tax agency, the letter ...