Wow, I haven't paid since June 15th (no July 15th, Aug 15th, and I'm near my Sept 15th payment). It's about time. I didn't think they would take this long to threaten to repossess the car. Should I lise the address they specified on top of the letter as a creditor as well just to be safe? It's still Wells Fargo, just a different branch now. I file Monday, Sept. 14th, 2 days AFTER they ask me to respond to the letter. I'm going to call them ASAP Monday to tell them I filed LOL.
09/02/2009
Re: Account Number: xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Past Due Amount: $xxxx.xx
Dear XXXXXXXXX XXXXXXXXXXXXXXXX,
We have not received a response to our prior notice(s) regarding your above-referenced account. As you know, you have previously signed a contract in which you agreed to make payments according to a specific payment schedule. This letter serves as a notice to you that we hereby deman strict compliance with the terms of the contract you previously signed. This means that we expect you to comply with each and every term of the contract, as stated in the contract.
We hereby demand that you pay the Past Due Amount shown above and cure all defaults under your agreement within ten (10) days from the date of this letter. Please send the Past Due Amount to us at the address shown above. If you are unable to pay the Past Due Amount and cure all defaults under your agreement, we urge you to call use immediately at 1-800-xxx-xxxx. For TDD assistance, call 1-800-xxx-xxxx.
If you do not pay the Past Due Amount and cure all defaults under your agreement within ten (10) days, we may accelerate the full balance of the contract at that time without further notice to you. Upon acceleration, we may exercise all of our rights and remedies available under the terms of the contract and applicable law including, but not limited to, repossessing any property securing the contract. Once the full balance of the contract has been accelerated, we may refuce to accept any payment(s) from you that is less than the full balance due.
As required by law, you are hereby notified that a negative credit report reflecting on your credit record may be submitted to a credit reporting agency, to which we report, if you faily to fulfill the terms of your credit obligations.
Sincerely,
XXX Cellctions Servicing
09/02/2009
Re: Account Number: xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Past Due Amount: $xxxx.xx
Dear XXXXXXXXX XXXXXXXXXXXXXXXX,
We have not received a response to our prior notice(s) regarding your above-referenced account. As you know, you have previously signed a contract in which you agreed to make payments according to a specific payment schedule. This letter serves as a notice to you that we hereby deman strict compliance with the terms of the contract you previously signed. This means that we expect you to comply with each and every term of the contract, as stated in the contract.
We hereby demand that you pay the Past Due Amount shown above and cure all defaults under your agreement within ten (10) days from the date of this letter. Please send the Past Due Amount to us at the address shown above. If you are unable to pay the Past Due Amount and cure all defaults under your agreement, we urge you to call use immediately at 1-800-xxx-xxxx. For TDD assistance, call 1-800-xxx-xxxx.
If you do not pay the Past Due Amount and cure all defaults under your agreement within ten (10) days, we may accelerate the full balance of the contract at that time without further notice to you. Upon acceleration, we may exercise all of our rights and remedies available under the terms of the contract and applicable law including, but not limited to, repossessing any property securing the contract. Once the full balance of the contract has been accelerated, we may refuce to accept any payment(s) from you that is less than the full balance due.
As required by law, you are hereby notified that a negative credit report reflecting on your credit record may be submitted to a credit reporting agency, to which we report, if you faily to fulfill the terms of your credit obligations.
Sincerely,
XXX Cellctions Servicing
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