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Sample Payment Demand Letter

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    Looking for sample payment demand letter? We will guide you on basic style and format used in basic letter writing.

    A payment demand letter is written to the person who owe you money and the reason why you are entitled for the payment.

    As you know, lawsuit can be quite expensive and you will be surprised how often a simple payment demand letter can work without you having to go to court.

    One rule in writing the payment letter is be polite but firm in the payment demand. Be professional and don’t handwrite a demand letter because it might end up as an evidence in court.

    Give them a choice in the end of letter, to meet the payment demand or meet up in court.

    Example Of Payment Demand Letter

    (Print )

    (Date)

    (Recipient Name)
    (Recipient Street Address)
    (City, State, Zip Code)

    Dear Sir/Madam,

    This letter will serve as formal notice to you that you are in default of your obligation to repay the sum of (amount of money) which was advanced to you on (date).

    The original agreement was that this loan was to be paid in full on (date of repayment).

    If payment is not received in full within ten (10) days from the date of this letter, further legal action will be taken to recover the amount of the loan as well as lawsuit fees.

    Please make a note of the same and contact us as soon as possible to avoid legal course.

    Sincerely,

    _______________
    (Name)

    Click here if you are looking for example of financial hardship letter.

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