{"product_id":"letters-demand-account","title":"Letters of Demand Template - Own Account - South Africa","description":"\u003ch2 style=\"text-align: center;\"\u003e\u003cstrong\u003eLetters of Demand Template - Own Account - South Africa\u003c\/strong\u003e\u003c\/h2\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003e(For own account)\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSummary \u003c\/strong\u003eThese 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.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWhy do I need a Letter of Demand? \u003c\/strong\u003eA 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.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWho should use a Demand Letter? \u003c\/strong\u003eIf 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.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWhat does the Letter of Demand say? \u003c\/strong\u003eEach 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.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWhat do the template Demand Notices look like? \u003c\/strong\u003eEach demand letter can be printed onto one page.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWhat do you need to do to use a Letter of Demand? \u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eRead the document to ensure that it suits your requirements. Make changes as required.\u003c\/li\u003e\n\u003cli\u003eComplete the relevant details, and send the First Letter of Demand to the debtor.\u003c\/li\u003e\n\u003cli\u003eShould 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.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eAlso viewed: \u003ca href=\"https:\/\/agreementsonline.co.za\/agreements\/acknowledgement-debt-1-debtor-payment-instalments\/\"\u003eAcknowledgement of Debt \u003c\/a\u003e\u003c\/p\u003e\n\u003cp\u003eAlso known as: Demand Letter; Final Notice\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eThe Online Agreements Shop cc and its members, staff, legal advisers, partners and consultants, agents and any person associated therewith cannot be held liable for any loss or damage that is incurred or may be incurred by any person as a direct or indirect result of the use of this website or any document or information contained on or obtained from this website, nor as a result of anything that is contained in or left out of any document.\u003c\/strong\u003e\u003c\/p\u003e\n","brand":"Agreements Online","offers":[{"title":"Default Title","offer_id":61657305743500,"sku":"AO-3946","price":219.79,"currency_code":"ZAR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0793\/0750\/5804\/files\/Letters-of-Demand-_E2_80_93-for-own-account-1.jpg?v=1790553386","url":"https:\/\/agreementsonline.co.za\/products\/letters-demand-account","provider":"Agreements Online","version":"1.0","type":"link"}