August 23, 2008 – 9:28 am
Date: ____________
To: _________________ (Customer)
We have repeatedly requested payment of ______________ (amount), on your overdue account. Our demands for payment have been ignored.
Accordingly, we shall turn this account over for collection within the next ten days unless payment or an acceptable proposal for payment is obtained.
Enforced collection on this obligation may result in additional legal or court costs to you and may impair your credit rating.
Very truly,
_______________________________
August 23, 2008 – 9:27 am
Dear _______________
Your account has been referred to me with instructions that I make final demand for payment of this debt.
Inasmuch as the outstanding balance is sizable, I have outlined a payment plan for you as a method to retire the entire balance over the next ____________ (number) months if you are unable to forward the full amount at this time.
Amount Due ___________________________
Monthly Payment _______________________
Due Date ______________________________
This offer is being made to you as our expression of wanting to settle your account in an amicable manner. If we do not receive your first payment by the date indicated above, we will have no choice but to refer your account to a collection agency. We do not wish to take any action which might impair your credit rating and therefore request that you give this matter your most immediate attention.
