There are two different types of creditors, each requiring a different type of letter. They involve many choices that can pertain to an online or personal sample letter to creditor for usage: those which involve a collection agency and those which involve the original creditors. Either way, many people do not feel that negotiating with creditors will work, regardless which strategy is used or which type of sample letter to creditor is chosen as a base to start with. But in actuality, many do.
The truth is this– once the debt goes to a collection agency, the original debtor is not involved with the financial transaction any more. The collection agency is the only one, under the law, who is allowed to handle it. This is because the OC has already collected its tax benefits under the United States tax law for the unclaimed or bad debts.