Current Creditor: Credit Repair Groups.
Settlement Amount: $950.27 (Outside the courthouse)
Dear Debtor,
It has come to our attention that your account is now SERIOUS OVERDUE and this letter
is a final demand for payment. We have, as of yet, received no payment towards
this account or contact explaining the failure to make payments. If there is a
reason why these payments have been withheld we would be obliged if you could
contact us in order to either explain the reason or come to some form of
payment arrangement.
If we do not hear from you within the next 72 hours then we will
have no alternative but to commence with further debt collection procedures.
This will include instructing out Federal Trade Commission, Credit Bureaus, and
Employer etc.
Court proceedings will be issued within 14 days from the date of
this letter if the account has not been settled. You will be prosecuted for
Following Allegations;
• Bank
Fraud
• Violation
of Federal Law of Debt and Banking
• Intentional
Theft by Deception
YOU ARE REQUIRED TO PAY for Small Claims to Collection Agency.
(a) all debts now payable by you to the debtor, within 30 days
after this notice is served on you; and
(b) all debts that become payable by you to the debtor after this notice is
served on you and within 30 days after this notice is issued, within 72 hours
after they become payable.
The total amount of all your payments to the clerk is not to exceed $(1423.13) .
THIS NOTICE IS LEGALLY BINDING ON YOU until it expires or is changed, renewed,
terminated or satisfied. If you do not pay the total amount or such lesser
amount as you are liable to pay, you must serve a Garnishee's Statement (Form
20F) on the creditor and debtor, and file it with the collection Agency within
10 days after this notice is served on you.
There will be no further warnings made for demands of payment.
Court proceedings can include the additional expense of legal costs and interest
being added to the balance of this account. It is regrettable that it has come
to this point and court action is still avoidable if immediate and full
settlement of this account is made.
WE HAVE ALL THE RIGHTS RESERVED TO INFORM TO FTC & YOUR EMPLOYER
AND BANK ABOUT THIS FRAUD.
As we have shared with you in previous letters read your loan
agreement; the next step is clearly defined. It could cost us both a great deal
of time and money; you can avoid this by taking care of this now.
Either settling the outstanding amount immediately or contacting
us within 72 hours with a suitable payment arrangement can avoid this action.
We look forward to hear from you.
