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What is a "Letter of Demand'?

Date: Wed, 03/14/2018 22:56
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What is a "Letter of Demand'? Is it any legal document?




This letter is actually sent when you have made unsuccessful attempts to get your invoice paid. This is the first reminder letter before you take any legal step.

Sub: #1 posted on Thu, 03/15/2018 - 03:55

ditchdebt ditchdebt

(Posts: 679 | Credits: )

The debt collection companies send "Letter of Demand" as a reminder to repay debt. It also states that if the debtor doesn't pay the amount he/she owes, the collection company can start any legal action against the debtor.

Sub: #2 posted on Thu, 03/15/2018 - 06:13

Mabelle Page Mabelle Page

(Posts: 295 | Credits: )

You just got the first reminder to pay the money. Don't ignore it. pay the money asap.

Sub: #3 posted on Thu, 03/15/2018 - 06:13

Sanders Patricia Sanders Patricia

(Posts: 1234 | Credits: )

A demand letter, or letter of demand is letter stating a legal claim of the debt payable. The collection agency will send this letter to you as a reminder.

Sub: #4 posted on Fri, 03/16/2018 - 03:32

tiarajoseph11 tiarajoseph11

(Posts: 467 | Credits: )


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