This is in reference to your payment due for the furniture that you had purchased on from our company, GL Furnitures. Also, the timelines allowed to pay needs to be clearly mentioned so as to avoid further defaulting. It, therefore, needs to clearly convey the outstanding amount as well as the time since when the default has been happening. A demand letter also serves as a record of attempts made to recover the outstanding amount. It needs to clearly reference to the particular outstanding amount and time.Īlthough the possibility of a genuine problem from the client side is anticipated and understood, there should be a timeline fixed and prior agreed upon by both the parties. A demand for payment letter not only helps in recovering defaults but also helps in building the company’s image. A demand for payment letter is considered as the first step in the proceedings to close the issue of default. It is written by the service provider to the client stating the amount outstanding and also the time from which it is pending. A demand for payment letter is written to a client who defaults on a considerable amount or time period or both.
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