DEMAND LETTER FOR PAYMENT
From
_________________
_________________
_________________
_________________
Date: _________________, 20____
AMOUNT DUE $________
THIS IS AN ATTEMPT TO COLLECT A DEBT
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, we have provided the following payment options: (check all that apply)
☐ - Full Amount: $________ due by _________________, 20____. ☐ - Discounted Amount: $________ if paid by _________________, 20____. ☐ - Installment Payments: (check all that apply)
☐ - $________ paid on a weekly basis.
☐ - $________ paid on a monthly basis.
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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