DEMAND LETTER FOR PAYMENT

FROM
______________________
______________________
______________________

DATE: __________________, 20_____

AMOUNT DUE: ₱ ________________

THIS IS AN ATTEMPT TO COLLECT A DEBT

Dear _____________

You currently have an outstanding balance plus interest in the amount of

___________________.
The outstanding balance is in regard to: _____________________________________________.
In order to resolve this matter, we have provided the following payment option:
(check all that apply)
 Full Amount: ________________ due by _______________________, 20______.
 Discounted Amount: ________________ if paid by _________________, 20______.
 Installment Payments: (check all that apply)
 _____________ paid on a daily basis continuously start on _____________,
20____
 _____________ paid on a weekly basis continously start on ______________, 20
____
If there is no response to this letter within two (2) days, all legal rights shall be exploited,
including, but not limited to, legal proceedings necessary to recover the debt without further
notice.

This demand letter for payment serves as official notice to you and may be rendered in court as
evidence of your failure to pay. If legal action is to occur to resolve this matter, it may involve
having pay attorney’s fees and accrued interest and may impact your credit history.

We hope to resolve this matter as soon as possible

Sincerely,

______________________________
DEMAND LETTER FOR PAYMENT