LETTER OF DEMAND
A letter of demand is a formal communication method that can be used to resolve disputes and encourage action. It is a written notice that politely requests payment or action to be taken within a specified time frame. Compliance with the demands outlined in the letter is expected, and failure to do so may result in further action. A well-crafted letter of demand includes a detailed account of the issue or debt at hand, a courteous and respectful request for payment or action, a specific deadline for compliance, and the consequences for non-compliance. By utilizing a letter of demand in a diplomatic and respectful manner, you can effectively and professionally communicate your expectations and work towards a mutually beneficial resolution.
A letter of demand from a debt collection agency can carry significant weight after failed attempts to resolve a debt. When an individual fails to respond to previous attempts to clear the debt, a letter of demand will indicate that further action may be taken if the debt is not settled promptly. Overall, receiving a letter of demand from a debt collector is a strong indication that the creditor is serious about recovering the debt, and it is in the debtor's best interest to respond promptly to avoid further action.
If you require a letter of demand, please be aware that there is a fee of $20+GST for both a posted letter to the last known address and an email sent to the last known email address. If payment is not received after the letter of demand is sent and you decide to use our services to take further steps to retrieve your money, we will deduct the $20+GST charge from the commission charged for our services (only for debts over $500). Please keep in mind that a letter of demand can be an effective tool for resolving disputes and encouraging payment, and we are here to help you navigate this process in a professional and efficient manner.