Creditors & Debtors...
Below are our articles on the subject of Creditors & Debtors. If you can't see what you are looking for our other categories are displayed on the left under 'Our Quick Links'...
Debt Collection Final Notice Letter
A debt collection final notice letter will come with stronger demands for payments than a reminder or subsequent letters. This letter will include consequences for...
Debt Collection Letter of Legal Proceedings
Sending a debt collection letter of legal proceedings is never an action to be taken without thought. This letter should be sent only if the...
Debt Collection Reminder Letter
There are a few different content options available when it comes to sending a debt collection reminder letter. The intent behind the letter should be non-t...
Letter Advising of Illness and Payment Protection
A letter advising of illness and a payment protection claim should be sent as soon as possible to creditors when this type of problem arises....
Letter Explaining Inability to Make Payments
A letter explaining inability to make payments to a credit company will not usually be viewed favourably by the receiving party. However, there...
Letter to Creditors Advising of Bankruptcy
Writing a letter to creditors advising of bankruptcy does come with a few considerations. One of the considerations will be whether or not to...
Letter to Creditors on the Death of a Spouse
Writing a letter to creditors on the death of a spouse will mean assessing an amount of financial information before writing the actual letter....
Letter to Creditors That Business is Closing
Sending a letter to creditors that a business is closing will ensure that all creditors are made aware of the situation. The letter will include...
Letter to Multiple Creditors to Arrange Payment Plan
A standard letter to multiple creditors to arrange a payment plan is to ask for an amendment to the credit contract's terms and conditions. It...
Letter to Request Restructured Credit Terms
Sending a letter to request restructured credit terms is, in essence, requesting a change to the original credit contract’s terms and conditions....
