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In the YouTube tutorial, attorney Michael Wassick from Ricardo & Wassick in Florida provides guidance on writing a dispute letter to a debt collector. He emphasizes the importance of specifying reasons for disputing the debt in response to a collection notice or phone call. The letter should outline what points to include, what to avoid, and how to effectively use it in the debt collection dispute process. Understanding the purpose and content of the dispute letter is crucial in resolving debt collection issues with dignity.