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Demand Letter Sample

The document is a final notice letter informing the recipient that they are in default of a loan obligation from February 10, 2008. The total amount due including principal and interest is overdue. Unless full payment is received within 10 days, legal proceedings will be initiated to recover the amount owed plus additional interest and legal expenses.

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ken adams
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374 views3 pages

Demand Letter Sample

The document is a final notice letter informing the recipient that they are in default of a loan obligation from February 10, 2008. The total amount due including principal and interest is overdue. Unless full payment is received within 10 days, legal proceedings will be initiated to recover the amount owed plus additional interest and legal expenses.

Uploaded by

ken adams
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Urgent! Final Notice
 
February 10, 2008
BYREGISTEREDMAIL
 Dear Sir/Madame:
  Re:
This letter wil serveas formal noticeto you that you are in defaultofyour obligation to repay
thesum of which was loaned to you on plus interest in the amount of . The totalamount of is now overdue and 
you have failed to repay the same despite repeated requestsfor payment byour us.Unless payment ofthe
above amount isreceivedby us in full within ten (10) daysofthe date of this letter, we wil haveno alternativebutto exercise whatever
rights andremedieswe haveunder the law to enforcesuchpayment, including butnot limited to institution oflegalproceedingsagainst
you to recover the above amount, together with accrued interest and legal expenses.Kindly govern
yourself accordingly.Yourstruly,

Sample Final Demand Letter


FINAL DEMAND
“CERTIFIED MAIL”
(or) “RECEIPT RECORDED FAX”
March 30, 2009
Contact
Company Name
Address
City, State, Zip
Re: Invoice Date Amount
23543200 7/26/09 1,417.47 - PO# _______
Interest to Date: 26.93
TOTAL NOW DUE: 1,444.40
Dear Mr./Ms. Customer:
The purpose of this letter is to notify you that despite numerous efforts to obtain final payment
for
the above invoice, I have been unsuccessful and must now accelerate collection efforts in
accordance with the terms and conditions or our original agreement dated and signed by
you
on . (If the customer did not sign an agreement, leave this part out)
Please refer to your copy of our agreement. It clearly states the following:
(Sample Heavy Language – pull something like this from one of your agreements)
6. Default: “Purchaser shall pay for expenses of Seller in enforcement of remedies including
reasonable attorney’s fees and other legal expenses. All overdue payments shall bear
interest at
1½ % per month until paid in full…”
In accordance with this provision, your total amount due on the attached invoice is now $
.
This includes interest to [date] only. Interest will continue to accrue until date of payment. If
we
do not receive this payment by [date], we will, at our option, pursue this matter in
County
Justice Court or forward this account to our corporate collection agency, in which case your
company will be reported to the major business credit reporting agencies. This action will affect
your company’s credit rating. We may also report this to the I.R.S. as Debt Cancellation
Income under I.R.S. Reg. S1.61-12 if payment is not received.
We request payment of the above by . Thank you in advance for your prompt
attention to this matter.
Sincerely,
Your Name
Your Title
Encl.

DEMAND FOR PAYMENT, STRONG TONE 

[Date] 

[NAME, COMPANY AND ADDRESS, ex. 


Tom Atkinson 
COMANY Inc. 
14 Edith Street, 
Hackney West, 
ZIP POST CODE] 

This letter will serve as formal notice to you that you are in default of your obligation to repay the
sum of [AMOUNT OWING, ex. $5,000.00] which was advanced to you on [DATE OF ORIGINAL
ADVANCE, ie. January 1, 1996]. 

This amount has been overdue since [DATE OF MATURITY TO PAYMENT OBLIGATION, ex.
April 30, 1998] and you have failed to repay the same despite repeated requests for payment by
our us. 

Unless payment of the above amount is received by us in full within ten (10) days of the date of
this letter, we will have no alternative but to exercise whatever rights and remedies we have
under the law to enforce such payment, including but not limited to institution of legal
proceedings against you to recover the above amount, together with accrued interest and legal
expenses. 

Kindly govern yourself accordingly. 


Yours truly, 

[YOUR NAME, ex. Tony Montana 

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