Description
Demand Letter for Payment of Debt
Debt is often inevitable and debtors often don’t pay back willingly. Hence, debt recovery proceedings are often necessary for creditors. Debt recovery starts with demand letters (notices) from the creditors or lawyers to creditors of the debtors.
This sample is a well-written Demand Letter for Payment of Debt. It allows the user to understand the basics of letter writing and demand for payment and highlights the remedies available to the creditor where payment is not made by the debtor.
This sample is made in Microsoft Word (MS Word) format to allow easy editing. It has no watermark and allows easy use.
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This sample (precedent) is published under the legal awareness project of SabiLaw Solutions Limited (www.SabiLaw.org) with the technical and financial support of the law firm of Bezaleel Chambers International (www.BezaleelChambers.com).
DISCLAIMER:
This sample is not a piece of legal advice. It is designed to promote Do-It-Yourself (DIY) personal use. The opinion expressed in this sample is that of the author(s) and not necessarily the opinion of our organisation, staff and partners.
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