Collection Letter Final

Send a document that informs a customer of the details resulting to the final collection of fees or amount due using this Collection Letter Final template. This can help you construct a letter informing the recipient that the letter is the final notice and last opportunity to make payment, and that if payment is not made, legal action will be taken. The file is ready-made and easy to use in the available file formats presented. It is also printable and can be shared digitally. Download this practical, professional, and premium template today!

COLLECTION LETTER FINAL

[DATE]

Dear [RECIPIENT NAME],

It has been brought to our attention that the monetary obligation you owe to us has not been collected. It has been [NUMBER] [WEEK/MONTH/YEAR] since the monetary obligation became due and demandable. As of [DATE 1], the amount of the debt is [NUMBER 1] USD.

If you want to resolve this subject matter, you must, within [NUMBER 2] days from the date of this letter, either pay the amount against the remaining balance that you owe to us or call us, [YOUR COMPANY NAME] at company’s phone number [YOUR COMPANY PHONE NUMBER] and work out arrangements and courses of action for the payment terms thereof. 

[LAW/ACT] laws give you [NUMBER 3] days after you receive this letter to disclaim the legitimacy of the monetary obligation or any part of it. If you do not dispute it within that period, we will assume that you agree with the presence of such outstanding debt you deemed owed from us. If you do dispute it, immediately notify us in writing. To that effect, we , as required by the law, will mail you the evidence of the debt. The law does not require us to wait until the end of the [PERIOD]-day period before suing you to collect the debt.

Please do take notice that this letter shall serve as the Company’s Final Collection Letter from your company. Your failure to take appropriate measures in order to resolve this issue shall immediately give us the right to commence legal action against you. Attached herewith is a copy of the summary information of your debt obligation to us.

We hope to hear from you soon. 

Regards,

[YOUR SIGNATURE]

[YOUR NAME]