Document background
The Collection Form Letter is a essential tool in the debt recovery process under English and Welsh law. It serves as a formal means of requesting payment while adhering to strict regulatory requirements. This document is typically used when initial payment terms have not been met and formal collection processes need to be initiated. The Collection Form Letter must include specific information about the debt, payment options, and debtor rights, while maintaining compliance with consumer protection laws and FCA guidelines. It represents a critical step in the debt collection process, often preceding any legal action.
