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10 Day Demand Letter For Payment

This 10-day demand letter informs the recipient that they owe a debt of $________ to _____________ regarding ____________________. The recipient has 10 days from the date of the letter to pay the debt in full, or the sender will pursue legal action and the debt may be transferred to a collection agency, which could impact the recipient's credit history. The letter serves as official notice of the failure to pay and evidence of the debt amount should legal proceedings occur.

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Joy Penillos
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0% found this document useful (0 votes)
624 views1 page

10 Day Demand Letter For Payment

This 10-day demand letter informs the recipient that they owe a debt of $________ to _____________ regarding ____________________. The recipient has 10 days from the date of the letter to pay the debt in full, or the sender will pursue legal action and the debt may be transferred to a collection agency, which could impact the recipient's credit history. The letter serves as official notice of the failure to pay and evidence of the debt amount should legal proceedings occur.

Uploaded by

Joy Penillos
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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10-DAY DEMAND LETTER FOR PAYMENT

From
_________________
_________________
_________________
_________________

Date _________________, 20____

THIS IS AN ATTEMPT TO COLLECT A DEBT.

AMOUNT DUE $________

YOU HAVE 10 DAYS TO PAY ENDING ON _________________, 20____

Dear _________________,

You currently have an outstanding balance with _________________ in the amount


of $________.

The outstanding balance is in regard to: ___________________________________.

In order to resolve this matter, you shall have ten (10) days to pay this debt.

If there is no response to this letter, all legal rights shall be explored, including, but
not limited to, legal proceedings necessary to recover the debt without further notice
or this debt may be transferred to a collection’s agency in accordance with State and
Federal laws.

This demand letter for payment serves as official notice to you and may be tendered
in court as evidence of your failure to pay. If legal action is to occur to resolve this
matter, it may involve having you pay attorney’s fees and may impact your credit
history.

We hope to resolve this matter as soon as possible.

Sincerely,

______________________

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