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How to draft a late payment letter? Check out this example late payment letter now!
Sometimes it happens that people tend to forget their bills and other loan dues, especially when they are tackling busy schedules within the week or because they forget about all the products they ordered during Black Friday and/or Cyber Monday.
However, it is a manner of goodwill that when someone fails to comply with the agreement, one must at least have the decency to notify the person, agency or company with whom one has an agreement, especially when it comes to a monetary agreement.
What to do when you are not getting any response?
In case you haven't received any letter or email from your customer or the person you have an agreement with, you should send them firstly a friendly letter. If that is not working you can send them a more formal letter stating clearly what the consequences are of them paying late. They at least need to explain and comply with the agreement they have signed.
Download this sample late payment letter now for your convenience! In case the payment is not received in time, legal proceedings will be started. And an additional interest and court fees will be claimed on top of the original sum for the outstanding invoice.
Nothing on this site shall be considered legal advice and no attorney-client relationship is established.
It takes more than capital to swing business. You’ve got to have the A. I. D. degree to get by — Advertising, Initiative, and Dynamics. | Ren Mulford Jr.