Skip to content
Debt Settlement Letter By Collection Agency
Free Legal Help

Debt Settlement Letter to CBE Group, Inc.*

Stop the

You have legal rights. We can help.


Falling behind on your bills produces a level of anxiety that can negatively impact your career, as well as the relationships you have established with friends and family members. However, nothing compares to the fear and anxiety generated by receiving a letter from a debt collection agency like CBE Group, Inc.

Falling behind on your bills has suddenly morphed into possible legal consequences. You can take proactive measures that include sending a debt settlement letter to a debt collection agency.

If a third party debt collector hounds you to take care of an outstanding consumer debt, it is likely the bill collector wants you to pay the entire credit card balance, plus the interest that has accrued over time.

The primary objective of sending a debt settlement letter is to get a bill collector to accept a percentage of what you owe. You want to make sure you do not initiate debt settlement negotiations by sending a debt settlement letter.

It is wise to wait until a debt collection agency such as CBE Group, Inc. has made you an offer.

Why You Should Hire a Lawyer

You might think, “What’s the big deal? I can write a debt settlement letter for CBE Group, Inc.” Yes, you can write and send a debt settlement letter, but will you receive the best debt settlement terms?

By working with a licensed consumer protection lawyer, you not only ensure the debt settlement letter clearly explains your terms, but also ensures you get the best deal from CBE Group, Inc.

An experienced consumer protection lawyer can also invoke the Fair Debt Collection Practices Act (FDCPA) to prevent a debt collection agency from using illegal aggressive techniques to coerce you into paying off a debt you might not have to pay.

Moreover, the FDCPA grants numerous other legal protections, including the prohibition of phone calls made by a third party debt collector at odd hours. Bill collectors cannot implement deceptive collection tactics and continue to attempts to collect debts even though consumers have requested the collection efforts to stop.

Debt Settlement Letter to CBE Group, Inc.*

Actual Sample Letter for CBE Group, Inc.

A debt settlement letter represents your proposal for taking care of a debt by sending a percentage of the entire balance. At the top of the letter, you should add the date of the letter, as well as the contact information for CBE Group, Inc.

The account name and number should follow to compete the beginning of the debt settlement letter. Your FDCPA lawyer will use neutral language that clearly explains your inability to take care of the credit card account balance.

The proposed percentage of the debt you plan to cover should include whether you plan to send a lump sum or request the establishment of a monthly payment plan. Creditors and debt collection agencies sometimes accept debt settlement proposals as low as 25% of the original delinquent consumer debt.

Nonetheless, you should present a more reasonable debt settlement proposal-especially for large balances-to increase the likelihood a third party debt collector will sign off on your debt settlement proposal.

Settling an outstanding credit card or personal loan balance relieves you of a tremendous financial burden. Make sure you get the most favorable debt settlement terms by speaking with an experienced FDCPA lawyer.

Additional Resources

*Disclaimer: The content of this article serves only to provide information and should not be constructed as legal advice. If you file a claim against CBE Group, Inc. or any other third-party collection agency, you may not be entitled to any compensation.

Free Case Evaluation

    1. Please fill out your contact information:

    2. Has a debt collection done any of the following:

    By submitting above, I agree to the privacy policy and disclaimer and consent to be contacted by an agent via phone call or text message at the phone number(s) listed above, including wireless number(s). Calls may be auto-dialed/pre-recorded. Consent is not required to utilize our services.