Formal Debt Collection Letter
Formal Debt Collection Letter
[YOUR NAME]
[YOUR COMPANY ADDRESS]
[YOUR COMPANY EMAIL]
May 7, 2060
Kate Ryan
17 South Street,
BLACKMANS BAY TAS 7052
Dear Ms. Ryan,
By our records, this correspondence serves as the final attempt to amicably settle an outstanding debt against your account, with the account number [ACCOUNT NUMBER]. The sum, as of today's date, amounts to [DEBT AMOUNT].
We regret to inform you that despite our previous requests, this balance remains unpaid. Kindly note, that your failure to respond or partial commitment to repayment will leave us no alternative but to proceed with formal debt collection proceedings.
We urge you to take this matter seriously to avoid potential detriment to your credit score, which would inevitably affect your future financial endeavors. You have until [FINAL DATE] to resolve this outstanding amount, after which we will initiate proceedings without further notice.
If you are unable to pay the aforementioned amount in full, kindly communicate with us at [YOUR COMPANY NUMBER] or email at [YOUR COMPANY EMAIL] to discuss a feasible payment plan. We are eager to assist you in resolving this matter amicably.
Your prompt attention to this outstanding payment is greatly appreciated.
Yours Sincerely,
[YOUR NAME]
