An essential tool for businesses looking to streamline their debt collection process and effectively recover outstanding payments from delinquent clients. This comprehensive package includes a series of five meticulously crafted demand letters, each escalating in intensity to ensure that you can apply the right level of pressure at each stage of the collection process.
What’s Inside:
Five Demand Letters:
Letter 1: A polite reminder emphasizing the overdue payment and requesting prompt action.
Letter 2: A firmer follow-up, highlighting the urgency and potential consequences of continued non-payment.
Letter 3: An assertive demand, underscoring the seriousness of the situation and hinting at further actions if the debt remains unpaid.
Letter 4: A more aggressive communication, warning of impending legal or third-party involvement.
Letter 5: A final notice, clearly stating that legal action or collections services will commence if payment is not received immediately.
Payment Arrangement Template:
Facilitate structured payment plans with clients who are unable to settle their debt in full immediately, ensuring clarity and mutual agreement on terms.
Settlement Template:
Offer a final settlement agreement for clients who may negotiate to pay a portion of the debt in exchange for closing the account, providing a mutually beneficial resolution.
