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When clients or customers fail to pay their outstanding invoices or fees, it's important to take action to collect the payment. A demand letter is a formal written request for payment, outlining the details of the outstanding amount, the consequences of non-compliance, and the sender's contact information. This demand letter template provides a structured format for sending such letters, making it easier to communicate your expectations and escalate the matter if necessary.
This demand letter template is suitable for businesses, organizations, and individuals who need to collect outstanding payments. It can be used by freelancers, consultants, service providers, landlords, lenders, and anyone who needs to assert their rights and demand payment for unpaid invoices, fees, rent, loans, or other outstanding amounts.
1. Professional and formal: The demand letter template provides a professional and formal format for requesting payment, which can help convey the seriousness of the matter to the recipient.
2. Clear communication: By using this template, you can clearly communicate the details of the outstanding amount, the payment due date, and the consequences of non-compliance. This can help avoid misunderstandings and ensure that the recipient understands the urgency of the situation.
3. Legal protection: A well-drafted demand letter can serve as evidence of your attempts to collect the payment, which may be useful in legal proceedings if the matter escalates.
4. Time-saving: Instead of starting from scratch, you can use this template as a starting point and customize it to suit your specific needs. This can save you time and effort in drafting a demand letter from scratch.
Follow these few steps to get started with Lark templates:
1. Click 'Use this template' on the top right corner to sign up for Lark
2. After signing up for Lark, you will be directed to the Demand Letter Template on Lark Base. Click 'Use This Template' on the top right corner of Lark Base to copy a version of the Demand Letter Template to your workspace.
3. Change fields of the template to fit your needs
4. Take advantage of the full potential of this Demand Letter Template.