Debt Paid In Full - Last Payment - Sample Letter to Debt Collector | Fix Your Debt, Credit and Finance Problems

Debt Paid In Full - Last Payment - Sample Letter to Debt Collector

So, you have been paying your debt payments and you are now down to the final and last payment. Since this will be your “last and final payment” to the debt collection agency, you will need a record from them acknowledging your full payment of your debt obligation.

The letter that they provide to you acts as a “confirmation record” of your debt obligation. The letter can also come up as “proof of debt payment”, if any issues are to come up later on.

Below is a sample letter that informs debt collectors of your “final and last payment of debt” and for them to acknowledge it with “written confirmation”. Please also feel free to copy and paste this sample letter in your favorite word processor or text editor, then tweak and edit it to suit your exact situation.
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Today’s Date

Your Name
Street Address
City, State, Zip

Attention: {name of collector}
Name of Debt Collector or Collection Agency
Agency Address
City, State, Zip

Account Number: {account or reference number}

Dear Mr./Ms. {Collector’s Name or Collection Agency’s name}

You’ll find my final payment on the above referenced account enclosed. I request written confirmation showing this account as {paid in full or settled} according to our agreement on {insert date of agreement}. However, should you choose not you provide me with confirmation, I will use your acceptance of this final payment as proof that you agree the account is {paid in full or settled}.

Now that this debt is paid, I do not expect to hear from you except to confirm the account is paid. I will consider any other contact from you or you company as harassment and will immediately report your actions to my State Attorney General and to the Federal Trade Commission and, if necessary, take whatever legal action is necessary to protect myself. Finally, I expect you to remove this account and all references to my personal information from your records.

Regards,

Your Signature just above your printed name
Your Printed Name
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NOTE** Please make sure you send this Debt Fully Paid letter using “return receipt request or registered mail”. Make sure you also keep a copy of the letter for your own records.