DebtLetter will help you automatically draft and mail a tracked demand letter that will make debt collectors stop harassing you. The letter works by triggering powerful debt collection laws. This is the first step a lawyer would take to help their client. โ๏ธ๐
@julie_grace Best part is that we're just using the protections that are already built into the laws, but harder to trigger than it is for a collector to make a phone call. So we're making it easy.
@dmitrykotlyarenko Thanks! Yeah, unfortunately it's a pretty big problem. So, on the bigger scale, you're right. We need to get some laws changed to really make a dent. But in the meantime, this at least will give users some power on a case by case basis. And on that level, case by case, it will stop the collectors. The law is very specific on that, and actually opens them up to some pretty big fines if they fail to follow the rules after they get a demand letter.
@gb2gpisnoopy Thatโs certainly an option but we think our way is far better. If you do it yourself you have to download the form letter from the CFPB/FTC, enter your information manually, print it, package it, go to the post office, fill out a certified mail receipt, pay $4.05 for certified mail, then track it manually on the USPS website. And since itโs a form letter, it's a somewhat blunt tool. DebtSettle features an easy and fast interview that generates a letter tailored to your unique situation and desires. Your letter will include important sections that the form letters don't have. And, along the way, DebtSettle empowers you with information so you know your legal rights moving forward.
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