Notice To Defaulter In Payment

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Sample Template Example of Notice To Defaulter In Payment in Word / Doc / Pdf Free Download


BANCK / CORPORATE / COMAPNY LEGAL NOTICE LETTER TO DEFAULTER: COLLATERAL DEMANDED

[DATE, ex. Wednesday, June 11, 2016]


[NAME, COMPANY AND ADDRESS, ex.
John Smith
XYZ Inc.
1234 First Street
Suite 567
Anycity, Anystate  85245]

Dear [NAME, ex. John Smith],

Regretfully, unfortunate circumstances have caused us to write this letter to you.

We are writing to inform you that you are in default under our security agreement of [DATE, ex. January 5, 2016] for the following reason{s}:

[LIST REASON(S), ex.
Failure to pay second installment of $12,000 per clause 4(b)]

As provided in our security agreement, we hereby request and demand that you surrender possession of the collateral listed therein to us immediately.

Sincerely,


[YOUR NAME, ex. Jill Jones]



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