These letters are used to remind a debtor that they owe money to a business or creditor. They are also used to warn people that they might have legal action taken against them if they don’t pay their bills.
First Notice - This type of letter is written to first time debt defaulters. It is a friendly and brief reminder to the customer that they have to pay their dues in full or otherwise they will have to face consequences like the company taking legal action against them.
Second Notice - This is the second letter that you send to your customer when they haven’t paid their bills. This letter asks the borrower why they haven’t paid and offer some assistance to make up for it, such as a payment plan or partial payments.
Third Notice – This is the third letter you would send to your customer after they have ignored your first three letters. In this letter, you will have a stronger tone and approach than with the first two, while still being polite. It will mention how a lack of payment could affect their credit standing and your contact details, as well as one last request that they contact you.
The letter must be addressed correctly and include the recipient’s name, address, and contact information to personalize it. It should also include a deadline for the debtor to pay their dues, and the consequences of nonpayment. The message of the letter must be clear and concise, and it should close on a positive note.
SITES WE SUPPORT
SOCIAL LINKS
Comentários