- Surface Mail Delivery
- Express Post Delivery
- Free Debt Collection*
Price: $19.95
This is the final letter in the series, and its intention is to create action!
The Final Demand Letter formally requests payment within 21 days from the date of issue, and warns the debtor that if payment is not received at the expiration of 21 days, court action may ensue.
This formal demand letter explains that non-payment may result in a summons issued against them with the possibility of a default added to their credit file, resulting in a bad credit rating for the next 5 years where judgement is obtained.
Service overview:
- Pay Within 21 Days: We are required by law to give a payment window of 21 days for the Final Demand Letter.
- Legal Action: Non-payment may result in a summons being issued against them with legal action to ensue.
- Bad Credit Rating: The debtor is made aware that a default will be added to their credit file should payment not be received and if court action is successful.
- Payment must be made to the Creditor: We outline that the payment must be made within the designated time frame to the Creditor (you), referring to prior correspondence or invoices for payment methods or to contact you for details.
- Debt Collection Agency: The letter will be sent from our parent company, Collect It Now, debt recovery experts with over 25 years of industry experience. Letters sent from an actual Debt Collection Agency carry significant impact and are designed to maximize results!
Options
In addition to delivery via standard surface mail, we offer a variety of options with this service:
- Delivery via Express Post: Want the hard copy delivered faster? Have it delivered via Express Post!
- Transfer your Costs! If you have a debt collection clause within your client contract or terms and conditions, which your debtor has signed, we will add all your collection fees on to the debtor! If you don't have an appropriate clause, or are unsure, contact us for more information!
