Free Final Demand for Payment
This Final Demand for Payment is from a creditor to a debtor giving final notice that a debt is due and owing. This demand contains the amount currently owed and the fact that repeated requests for payment have been made. This Final Demand for Payment is in a letter format and states that legal action will be taken unless the debt is paid.
Disclaimer:This was not drafted by an attorney & should not be used as a legal document.
FINAL DEMAND FOR PAYMENT
Date: __________________
To: ______________________
_________________________
_________________________
Dear _____________________,
This is to notify you that you are currently indebted to us in the amount of $ __________________ for ___________________________________________________________. This amount is overdue and remains unpaid despite of repeated requests for payment by us.
Unless payment of the above amount is received by us in full within ten (10) days of the date of this letter, we reserve the right to institute legal proceedings against you to recover the above amount, together with interest and legal expenses. Since it would be in your best interest to resolve this matter before such action becomes necessary.
Kindly govern yourself accordingly.
Sincerely,
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