Bad Debt Collection Letter

 A Bad Debt Collection letter is written by the collection or finance company that wishes to receive an outstanding amount from its clients. This letter requests the client to settle the amount quickly. There are a few stages of bad debt collection letter which serve as reminders until the finance company takes some harsher actions.

From:
Nina J. Douglas
Collection Officer
Mountain Finance Agency
3896 North Bend River Road
Somerset, KY 42503
February 7, 2011

To:
John A. Peachey
2748 Hilltop Haven Drive
Andover, NJ 07821
Dear Mr. Peachey

RE: Debt Collection – 2nd reminder

In reference to the outstanding loan repayment of your personal automobile, in contract GJL83028, you are three (3) months overdue with your monthly payment of $300.00. Mountain Finance Agency is now serving you a second and final reminder of your outstanding payment of $900.00 which should be settled immediately.

Daily interest will be computed against the outstanding bad debt; hence, it is to your benefit to settle the amount quickly. If you have settled the outstanding amount, please ignore this reminder. Otherwise, legal action may be taken against you.

Please come into any of our branch offices to settle your outstanding debt as soon as possible.

From,
Nina J. Douglas
Collection Officer
Mountain Finance Agency

Final Demand for Payment Letter

 A final demand for payment letter can be a very strong letter from a company that is demanding payment from one of its debtors. Despite many reminders and requests for payment, the company has not received payment from its debtors, which causes it to write a strong letter to imply harsher actions.

From:
Collections Department
Carrier Manufacturing Ltd
99 Sunshine Road
North Las Vegas, NV 89033
January 24, 2011

To:
DeCarlo Constructions
3323 Orchard Street
Saint Paul, MN 55104

Dear Sirs

RE: Final Demand for Payment

Herewith, this letter serves as the final request for an outstanding amount of $1,500 from DeCarlo Constructions.

It is with regret that the previous three (3) reminders for payment went unheeded. It is with further regret that an excellent company like DeCarlo Constructions is withholding payment after receiving the goods which Carrier Manufacturing has supplied in good faith.

This letter hopes to dispel the increasing doubt over DeCarlo Constructions’ cash flow position with a full payment expected in three (3) days, upon receipt of this letter. If your settlement crossed this letter, please ignore this letter. Otherwise, your case will be handed over to a collection agency to be dealt with.
We look forward to your prompt cooperation in this request.

Thank you.
Yours Truly
Collections Department
Carrier Manufacturing Ltd

Sample Collection Letter

 A Collection letter can be written by a company or individual informing its recipient of some items which are to be collected. The collection information such as items, date, time and place are stated for the recipient’s convenience. A time frame is usually imposed for the collection to be done to avoid disposal or forfeiture of the items to be collected.

From:
Jonas Robinson
Collection Officer
Parcel World
4184 Wolf   Road
San Jose, CA 95113
August 24, 2010

To:
Jennifer Morris
9822 House Street
Pleasant Hope, MO 65725

Dear Sir/Madam,

RE: Collection of Parcel

This is to inform you that a parcel addressed to you from Sweden was attempted in delivery at your home last Tuesday, August 20, 2010, at 3 pm but no one was available to receive it. Hence, the parcel is stored at our Collection Centre at Parcel World.

You are requested to make your collection on any business working day from 10 am to 5 pm before September 30, 2010. If you request another to collect on your behalf, please submit an authorization letter. Failure to comply with these collection terms may cause forfeiture or disposal of your parcel.

Please do not hesitate to call us for further assistance on this matter.

Thank you for using Parcel World for your delivery needs.

Yours sincerely,
Jonas Robinson

Bad Check Collection Letter

 A Bad Check Collection letter is usually written by a financial institution like a bank or a company that received your check which bounced. The bad check collection letter is written to inform the recipient of the bad check to collect the bad check and submit another check for the outstanding payment that was meant to be settled.

From:
Lucy D. Smith
Grand Grocery Enterprise
12 Oak Drive
Albany, NY 12210
January 22, 2011

To:
Cynthia K. Arsenault
2730 Gorby Lane
Jackson, MS 39201

Dear Sir/Madam,

RE: Collection of Bad Check

This letter serves to inform you that your recent check (No. 780938) that was sent to settle your monthly grocery payment of $250.00 was returned to us from the Oaksfield Bank today.

The reason for the returned check was insufficient funds in your bank accounts.

May we request your kind cooperation to come in to Grand Grocery’s main office at Oak Drive sometime this week during office hours to collect your bad check and to submit a good one, please?

You have been a long time patron of Grand Grocery and we are sure that this is a simple oversight on your part. We would appreciate your prompt action to settle the payment before our month end closing of accounts.

Thank you for using Grand Grocery products & services.

Yours sincerely,
Lucy Smith
Customer Relations Officer

Bad Debt Collection Letter

 A Bad Debt Collection letter is written by the collection or finance company that wishes to receive an outstanding amount from its clients. This letter requests the client to settle the amount quickly. There are a few stages of bad debt collection letter which serve as reminders until the finance company takes some harsher actions.

From:
Nina J. Douglas
Collection Officer
Mountain Finance Agency
3896 North Bend River Road
Somerset, KY 42503
February 7, 2011

To:
John A. Peachey
2748 Hilltop Haven Drive
Andover, NJ 07821
Dear Mr. Peachey

RE: Debt Collection – 2nd reminder

In reference to the outstanding loan repayment of your personal automobile, in contract GJL83028, you are three (3) months overdue with your monthly payment of $300.00. Mountain Finance Agency is now serving you a second and final reminder of your outstanding payment of $900.00 which should be settled immediately.

Daily interest will be computed against the outstanding bad debt; hence, it is to your benefit to settle the amount quickly. If you have settled the outstanding amount, please ignore this reminder. Otherwise, legal action may be taken against you.

Please come into any of our branch offices to settle your outstanding debt as soon as possible.

From,
Nina J. Douglas
Collection Officer
Mountain Finance Agency

Final Demand for Payment Letter

 A final demand for payment letter can be a very strong letter from a company that is demanding payment from one of its debtors. Despite many reminders and requests for payment, the company has not received payment from its debtors, which causes it to write a strong letter to imply harsher actions.

From:
Collections Department
Carrier Manufacturing Ltd
99 Sunshine Road
North Las Vegas, NV 89033
January 24, 2011

To:
DeCarlo Constructions
3323 Orchard Street
Saint Paul, MN 55104

Dear Sirs

RE: Final Demand for Payment

Herewith, this letter serves as the final request for an outstanding amount of $1,500 from DeCarlo Constructions.

It is with regret that the previous three (3) reminders for payment went unheeded. It is with further regret that an excellent company like DeCarlo Constructions is withholding payment after receiving the goods which Carrier Manufacturing has supplied in good faith.

This letter hopes to dispel the increasing doubt over DeCarlo Constructions’ cash flow position with a full payment expected in three (3) days, upon receipt of this letter. If your settlement crossed this letter, please ignore this letter. Otherwise, your case will be handed over to a collection agency to be dealt with.
We look forward to your prompt cooperation in this request.

Thank you.
Yours Truly
Collections Department
Carrier Manufacturing Ltd

Collection Dispute Letter

 A collection dispute letter is written by an individual or company to a collection or finance over a collection figure. The sender is writing to dispute the stated amounted requested by the collection or finance company. This kind of letter should be accompanied with proof to counter the collection or finance company’s figures.
From:
Travis L. Nieves
2047 Rainbow Drive
Perry Heights, OH 44646
January 29, 2011

To:
White River Refinancing Services
4122 White River Way
Salt Lake City, UT 84116

Dear Sir

RE: Dispute over the Collection figures

I am writing to dispute over the collection figures in your January month statement for my car loan of car license SALT 38720 TN.

According to my records, every month’s repayment has been settled; the last two months’ repayments were slightly late but nevertheless settled before January 25, 2011. Attached are copies of the payments for October to December 2010.

Hence, the collection for the month of January should refer to the January month only, and not inclusive of November and December 2010 months. Kindly verify my payments to correct the collection figures for an up-to-date payment amount. Please waive the interest charges and late charges too, as I did inform your service counter about my late payments.

I hope to hear favorably from you soon on the collection figures of my car repayment loan.

Thank you.
Yours sincerely,
Travis Nieves

Collection Dispute Letter

 A collection dispute letter is written by an individual or company to a collection or finance over a collection figure. The sender is writing to dispute the stated amounted requested by the collection or finance company. This kind of letter should be accompanied with proof to counter the collection or finance company’s figures.

From:
Travis L. Nieves
2047 Rainbow Drive
Perry Heights, OH 44646
January 29, 2011

To:
White River Refinancing Services
4122 White River Way
Salt Lake City, UT 84116

Dear Sir

RE: Dispute over the Collection figures

I am writing to dispute over the collection figures in your January month statement for my car loan of car license SALT 38720 TN.

According to my records, every month’s repayment has been settled; the last two months’ repayments were slightly late but nevertheless settled before January 25, 2011. Attached are copies of the payments for October to December 2010.

Hence, the collection for the month of January should refer to the January month only, and not inclusive of November and December 2010 months. Kindly verify my payments to correct the collection figures for an up-to-date payment amount. Please waive the interest charges and late charges too, as I did inform your service counter about my late payments.

I hope to hear favorably from you soon on the collection figures of my car repayment loan.

Thank you.
Yours sincerely,
Travis Nieves

Bad Check Collection Letter

 A Bad Check Collection letter is usually written by a financial institution like a bank or a company that received your check which bounced. The bad check collection letter is written to inform the recipient of the bad check to collect the bad check and submit another check for the outstanding payment that was meant to be settled.

From:
Lucy D. Smith
Grand Grocery Enterprise
12 Oak Drive
Albany, NY 12210
January 22, 2011

To:
Cynthia K. Arsenault
2730 Gorby Lane
Jackson, MS 39201

Dear Sir/Madam,

RE: Collection of Bad Check

This letter serves to inform you that your recent check (No. 780938) that was sent to settle your monthly grocery payment of $250.00 was returned to us from the Oaksfield Bank today.

The reason for the returned check was insufficient funds in your bank accounts.

May we request your kind cooperation to come in to Grand Grocery’s main office at Oak Drive sometime this week during office hours to collect your bad check and to submit a good one, please?

You have been a long time patron of Grand Grocery and we are sure that this is a simple oversight on your part. We would appreciate your prompt action to settle the payment before our month end closing of accounts.

Thank you for using Grand Grocery products & services.

Yours sincerely,
Lucy Smith
Customer Relations Officer