Letter-Samples - Part 165

Notice and acknowledgement of service rate increase letter

August 21, 2008 – 9:31 am

Dear _____________________

This letter will confirm ___________________ (individual’s) telephone conversation with you today concerning an increase in our billing rate to _______________ (amount) per hour, effective ___________ (date).

It is necessary that we request this increase due to a rise in the cost of conducting our business. We are faced with an increase in payroll taxes and insurance, along with an

increase in our overhead costs. In addition to the above, we also seek a modest profit.

Attached are copies of our service agreement and we request that you sign one copy and return it to us indicating your approval of this new rate.

Notice and tender by debtor

August 21, 2008 – 9:30 am

TO: _____________________________

________________________________

________________________________ (address)

You are hereby notified that the undersigned elects to redeem the ____________ (collateral) that is currently in your possession pursuant to that certain security agreement, the date of which is _____________ (date) , for which said collateral was pledged to secure performance. Election is hereby made in accordance with the rights afforded under the ____________________________.

Therefore, the undersigned hereby tenders fulfillment of all obligations pursuant to said security agreement and secured by said collateral, in addition to the amount of _________________________ (amount) for your expenses in repossessing, holding, preparing the collateral for disposition through sale, arranging for sale, attorney’s fees and legal expenses.

Demand is hereby made that you make the said collateral available for retaking by the undersigned.

Dated: __________________

Sign ___________________________