Debt Payment
To avoid mix-ups with creditors, it is often a good idea to send a short letter when paying a debt in full. Be sure to keep a copy of the letter, all bills and a receipt of payment (usually your canceled check or a bank statement) for your records.
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1000 Any Street Collections Department To Whom It May Concern: Enclosed is a check for $580. This check covers the balance on my account number 1234567 and constitutes payment in full. Thank You. Sincerely, John Doe |