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In this video, Jay discusses the purpose and process of writing a cease and desist letter, which is used to stop a debt collection agency from contacting a debtor. He outlines key components to include in such a letter and explains its significance. Jay shares his extensive experience in the debt collection industry, having worked in various roles and owned two debt collection agencies. He invites viewers to ask questions in the comments, promising to respond. Additionally, he offers a template for a cease and desist letter as a bonus for viewers who stay until the end of the video.