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Demand For Payment

This demand for payment letter requests payment of an overdue debt within a specified number of days. It states that the recipient owes money for a past due amount as of a certain date. Late fees have been applied due to the payment being late by a number of days past the original due date. If payment is not received within the time frame given, further legal action may be pursued to collect on the debt.

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Kasandra Ng
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© © All Rights Reserved
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Download as DOC, PDF, TXT or read online on Scribd
203 views

Demand For Payment

This demand for payment letter requests payment of an overdue debt within a specified number of days. It states that the recipient owes money for a past due amount as of a certain date. Late fees have been applied due to the payment being late by a number of days past the original due date. If payment is not received within the time frame given, further legal action may be pursued to collect on the debt.

Uploaded by

Kasandra Ng
Copyright
© © All Rights Reserved
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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[Payee]

[Payee Address]
[Payee City, State Zip code]

[Payor]
[Payor Address]
[Payor City, State Zip code]

[Date]

Dear [Payor name],

As of the above date, you still owe __________ for __________. Your payment is past due by
__________ days. Your original due date was __________. As a result of the delay, you now owe
__________ of the total amount in late charges.

If you have any questions please contact me via at the contact information listed below. If you do not
provide payment within __________ days of receiving this letter, we may pursue further legal action.

Best regards,

[Payee]
[Payee Address]
[Payee City, State Zip code]
[Payee Phone]
[Payee email]

Demand for Payment (Rev. 133C9C4) 1/1


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GENERAL INSTRUCTIONS letter, you may be leaving money on the
table. Additionally, you may not be able to proceed with a
lawsuit if you have not first filed a demand for payment.
What is a Demand for Payment?
The Most Common Situations of Using
A Demand for Payment is a formal, written document One
detailing a debt owed. This document also outlines how a
debt should be paid, and the consequences if it isn’t
repaid by a certain date. The most common situations are:

 When someone owes you money, and


In many jurisdictions, when first recovering a debt, parties
 When someone has charged you money for
first try to recover it through means other than small
something you didn’t receive (or, didn’t receive as
claims court or a lawsuit. Think of a demand for payment
advertised).
letter as an initial, non-confrontational approach to
recovering a debt. It usually includes the following
elements: What Should Be Included?

 Date debt was incurred: the date the unpaid was There is certain fundamental information which should be
completed; included in a demand for payment letter. Such information
 Details of debt: facts describing the nature of the is detailed below:
debt;
 Expectations for payment: clear and definitive  Party information: both the person owed the debt,
expectations of the payment, including a date the and the person owing the debt, should be
payment should be made by; identified;
 Consequences for non-payment: for example, if  Date debt was incurred: the date the unpaid for
an author intends to sue for an unpaid debt, this work was completed; or
should be included in the letter.  Date debt was improperly charged: if the dispute
surrounds a charge for services not rendered or
other improper charge, the date of the charge;
When Do I Need One?  Details of debt: facts describing the nature of the
debt, including:
Demand for payment letters should be used in any o The nature of the agreement;
circumstance where someone owes you money. o The amount agreed to; and
Remember, every situation is fact specific and should be o How the agreement was not followed.
approached differently. All in all, you should use a demand  Details of prior attempts to collect the debt:
for payment letter in any case where you believe you have information such as calls made, emails sent,
a legal claim regarding a debt owed. invoices mailed;
 Expectations for payment: expectations should be
clear and definitive, including a date the payment
The Consequences of Not Having must be made by;
One  Consequences for non-payment: if the author
intends to sue if the debt isn’t paid, this should be
included in the demand for payment; and
There are a couple of potential consequences for not
 Signature: the author should personally sign the
sending a demand for payment. The first, and most
document.
obvious, is you may never get paid. Consider, just as you
have many things going on in your life, so too do the
people that owe you money and it’s possible they simply
forgot about their debt. Perhaps they assumed their
spouse had paid the debt. Without sending a demand

Demand for Payment (Rev. 133C9C4)

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