Debt recovery letter
Debt recovery letter A debt recovery letter serves a pre-legal method for collection of bad debts and past-due payments. It represents a written form of a reminder addressed to the subject of debt, sent by a creditor, a DCA (Debt Collection Agency), a debt buyer or a private debt recovery law company (debt solicitors, attorneys, etc.). When forming the content, the sender has to comply with different debt laws, controlling the tenor of a debt recovery letter.