Notice of Intent to Sue

A Notice of Intent to Sue is a formal communication sent by a creditor or debt collector to a debtor, indicating that legal action may be initiated if the outstanding debt is not paid or resolved within a specified time frame. The notice typically includes details about the amount and nature of the debt, the previous attempts to collect the debt, and the specific legal claims or causes of action that may be pursued. The notice may also include a demand for payment or a statement of the creditor’s intent to file a lawsuit. The purpose of a Notice of Intent to Sue is to provide the debtor with a final opportunity to resolve the debt before incurring the costs and risks of litigation, and to establish the creditor’s compliance with any applicable laws or regulations that require pre-suit notification. The notice may be sent by certified mail or other verifiable means.