___________________

_______________________
________________________

Dear ____________:

This letter serves as formal demand of payment for

your unpaid account amounting to xxxx as of _____.
Your debt has been due since ______

As of today, ________, you have not given me any

payments towards this loan. It has been more than
seven(7) months since the loan was to be repaid in
full. I request that, on the receipt of this letter,
you repay the amount in full.

In the hope that you are with me in my desire to

avoid embarrassment, inconvenience, and added expenses
arising from a lawsuit, you are requested to either
settle the obligation or come to the Barangay Hall of
________________________, to explore the possibilities
of settlement within FIFTEEN(15) DAYS from receipt of
this letter.

Otherwise, I shall have no other alternative but

to take the necessary steps to protect my interest.

Thank you for your kind attention.

Very truly yours,

Recieved By: _______________

Date:_______________________