Friday, March 15, 2019

DEMAND FOR PAYMENT, STRONG TONE

DEMAND FOR PAYMENT, STRONG TONE

[Date]


[NAME, COMPANY AND ADDRESS, ex.
Tom Atkinson
COMPANY Inc.
14 Edith Street,
Hackney West,
ZIP POST CODE]

This letter will serve as formal notice to you that you are in default of your obligation to repay the sum of [AMOUNT OWING, ex. $5,000.00] which was advanced to you on [DATE OF ORIGINAL ADVANCE, ie. January 1, 1996].

This amount has been overdue since [DATE OF MATURITY TO PAYMENT OBLIGATION, ex. April 30, 1998] and you have failed to repay the same despite repeated requests for payment by our us.

Unless payment of the above amount is received by us in full within ten (10) 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, including but not limited to institution of legal proceedings against you to recover the above amount, together with accrued interest and legal expenses.

Kindly govern yourself accordingly.


Yours truly,

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