Demand Letter for Payment

Demand Letter for Payment in Word, Google Docs, PDF, Apple Pages, Outlook

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DEMAND LETTER FOR PAYMENT

[DATE]

Dear [RECIPIENT NAME],

This letter will serve as a formal notice to you that you are in default of your obligation to pay the sum of [NUMBER] [CURRENCY] which was advanced to you on [DATE 1].

This amount has been overdue since [DATE 2] and you have failed to repay the same despite repeated requests for payment by the company. 

Unless payment of the above amount is received by us in full within [NUMBER 1] 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. This will also include but not limited to, the institution of legal proceedings against you to recover the above amount, together with the acquired interest and legal expenses. 

Kindly govern yourself accordingly. 

Regards,

[YOUR SIGNATURE]

[YOUR NAME]

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