What is a "Letter of Demand'?
Date: Wed, 03/14/2018 - 22:56
What is a "Letter of Demand'? Is it any legal document?
The debt collection companies
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.
You just got the first
You just got the first reminder to pay the money. Don't ignore it. pay the money asap.
Submitted by Sanders Patricia on Thu, 03/15/2018 - 06:13
( Posts: 1241 | Credits: )
This letter is actually sent
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.
A demand letter, or letter of
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.