This Collection Demand Letter allows you to ask that an outstanding debt be paid. This can be used if a payment is missed on a Promissory Note, Rental Agreement or other contractual obligation.
To obtain a copy of this agreement please scroll to the bottom of this page.
_____________ ____________, 20_____
To:
____________________________
____________________________
____________________________
____________________________
This letter is to advise you that you are in fault under the terms of the ______________________________ document which is dated ____________, ________________, _______. You failed to make the payments due on _______________________.
The total amount due for those payments is $ ___________. It is necessary that full payment be received on or before ______________ (______) days from the date of this letter, or the term for payment of your liability will be accelerated and the entire principal balance and any unpaid interest will become immediately due and payable and proper legal action will be taken to enforce the payment thereof.
THIS IS A PARTIAL PREVIEW OF THE DOCUMENT, THE FULL VERSION IS AVAILABLE IMMEDIATLEY AFTER PURCHASE.
