MAKE YOUR FREE Demand for Money Owed
What is a Demand for Money Owed?
When to use a Demand for Money Owed:
- You want to make a written demand for money owed.
Sample Demand for Money Owed
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,
,
and
The purpose of this letter is to demand payment of money owed regarding your
by purchasing . by contracting for .
are now past due in making payment. Demand is made upon you for full payment of the following amount:
If payment is not made by , legal action to enforce your obligations under the may be taken. Please give this matter your prompt attention.
This is the address that you listed and is the address that I will be using to correspond with you unless I am given updated information; which I have not been given up to this point. at the above address I can be contacted by phone at . I can be contacted via e-mail at . at the above address We can be contacted by phone at . We can be contacted via e-mail at .
Sincerely,
| _____ | should sign the letter. |
| _____ | should sign this letter on behalf of . |
Demand for Money Owed FAQs
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How do you write a Payment Demand Letter?
Making a Payment Demand Letter online is simple. Just answer a few questions and Rocket Lawyer will build your document for you. Consider these questions beforehand to make the process speedier:
- What was purchased?
- Are there any interest or late charges owed?
- If payment is not received by a certain date, will there be daily charges? If so, what daily amount will be charged?
- When must payment be made to avoid possible legal action?
If you don't have all of the details you need, you can skip questions and save your document for later.
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How long should I wait for payment after sending a demand letter?
Rocket Lawyer's Payment Demand Letter will allow you to specify when payment must be made to avoid possible legal action. It is customary to allow approximately 15 to 30 days for payment of money owed before taking legal action.
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What is included in a demand letter?
A Payment Demand Letter will typically include the following:
- Information about the parties involved
- Description of goods or services provided
- How charges were made
- Deadline for payment
