ADVERTISEMENTS:

Final reminder letter to the defaulter for making the payment

This is a sample reminder letter to the defaulter for making the payment.

Note: Such letters are usually written on the letter head of the company/ firm.

Company Name

Address

ADVERTISEMENTS:

Date……………

Ref: Your account no. ……… with us

Defaulter Name

Address

ADVERTISEMENTS:

Sub: Payment Clearance

Dear Mr……………

Please refer to our earlier letters; dated ……………, …………… and ……………, requesting you again and again to clear the account. Inspite of repeated reminders, you haven’t taken note of our request and failed to clear the account.

By ignoring our requests, you are damaging the excellent credit record you had previously maintained with our company. In addition, you are incurring additional expenses in form of overdue interest and penal interest to yourself.

ADVERTISEMENTS:



Please note, if we don’t hear from you within ten days, we will have no other option but to ask our attorney to initiate legal action against you for the recovery of the dues.

Hope, you will take note of this final reminder. Thanking you,

Yours faithfully

Name

Manager (Recovery)

Name and shame | The Clare People

Image Source: clarepeople.com/wordp/wp-content/uploads/2012/10/FinalNotice.jpg

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