Cease and Desist Letter : is it really helpful?
1. What is a Cease and Desist letter?
Basically, Cease and Desist letter is a form of request to stop progression of a particular activity. Anybody can receive a cease and desist letter, whether it is an organization or an individual.
2. How does a Cease and Desist letter help you?
In order to stop the harassing calls of the collection agency, cease and desist letter plays a very important role. While the debt collectors are continually disturbing you can send a cease and desist letter to stop the process.
3. What is the disadvantage of a Cease and Desist Letter?
According to Section 805, the cease and desist letter has a legal stature upon the fair debt collections act. Usually the Fair Debt Collection Practices Act applies to the agency and the attorneys as well. It is not applied to the original creditor. However some creditors may honor your request.
Whenever, a collection agency receives a cease and Desist letter, they may sue you if they cannot collect on the amount. So, always search for an alternative way to stop the creditor calls. If you have no other option, then send a cease and desist letter.
4. How do I send a Cease and Desist letter?
Always send a Cease and Desist letter via certified mail. Do not forget to keep a copy of the letter in your files. The entire process may take a couple of weeks. Despite getting a letter, the law allows them to inform you about their intentions.
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