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Letters of Demand – for own account

Letters of Demand – for own account

stars Join 13,500+ SA Businesses & Law Firms Who Bought Our Templates

Original price was: R 390,05.Current price is: R 273,04.

Formal written request for payment of outstanding debt on your personal account.

  • Reinforces payment expectations.
  • Can initiate communication.
  • Provides legal documentation for collections.
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  • Receive an email notification which will include download links.
  • Have access to your downloads via the Downloads tab on your ‘My Account’ page when logged in to your account on this website.
What format do you provide the document in?

You’ll receive the document in Microsoft Word. A small number of our documents are only available in PDF, in which case this is stated in the document summary.

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How can I tell if the document is suitable for my requirements?

Each document is accompanied by a description. Read the description to see if it will meet your requirements. If you are still uncertain, you can Contact Us with a brief overview of what you need the document for and we will respond as soon as possible.

Can I make changes to the contracts and legal documents?

Our documents are provided in MS Word format, allowing you to adjust and alter the agreement as you require. If you do not have legal experience we do caution you to be circumspect about the extent of the changes that you make.

DEMAND LETTERS

(For own account)

Summary These Demand Letters may be used where a debt is owed to you by a debtor, and has not yet been repaid. A Letter of Demand calls on the debtor to pay the debt, failing which further action will be taken.

Why do I need a Letter of Demand? A Demand Notice reminds a debtor of the amount that is due for payment, and gives them a deadline for payment. We have included two letters of demand in this pack. A first letter of demand acknowledges that payment may have been made, in which case this letter can be ignored. Ie. The wording of the first demand notice is more lenient. The wording of the Final Notice is in harsher tones, and warns the debtor of the legal consequences of ignoring the demand.

Who should use a Demand Letter? If you or your business have debtors that owe money, these Letters of Demand may be used to call on the debtor to pay the amounts owed.

What does the Letter of Demand say? Each template demand notice: Confirms the amount that is due; Gives the debtor a deadline in which to pay; Cautions the debtor of the consequences if the debt is not paid.

What do the template Demand Notices look like? Each demand letter can be printed onto one page.

What do you need to do to use a Letter of Demand?

  • Read the document to ensure that it suits your requirements. Make changes as required.
  • Complete the relevant details, and send the First Letter of Demand to the debtor.
  • Should the debtor fail to make payment, send the Final Letter of Demand. The Final Notice can be used on its own, without the first notice of demand having been sent, if circumstances warrant it.

Also viewed: Acknowledgement of Debt

Also known as: Demand Letter; Final Notice

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How do I receive my documents once I have paid for them?

Once your order is complete, you will be granted download permission for the document. You will:

  • See download links on the order received page after you have checked out.
  • Receive an email notification which will include download links.
  • Have access to your downloads via the Downloads tab on your ‘My Account’ page when logged in to your account on this website.
What format do you provide the document in?

You’ll receive the document in Microsoft Word. A small number of our documents are only available in PDF, in which case this is stated in the document summary.

What if I don't receive the link?

The two most common reasons for people not receiving the link are : (i) The e-mail address entered into the order form was incorrect; or (ii) the e-mail was directed into your spam folder. First please check your spam folder. If it is not there, contact us.

How can I tell if the document is suitable for my requirements?

Each document is accompanied by a description. Read the description to see if it will meet your requirements. If you are still uncertain, you can Contact Us with a brief overview of what you need the document for and we will respond as soon as possible.

Can I make changes to the contracts and legal documents?

Our documents are provided in MS Word format, allowing you to adjust and alter the agreement as you require. If you do not have legal experience we do caution you to be circumspect about the extent of the changes that you make.

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