A bad check collection letter is generally written as a formal notification after receiving a bad check. It requests the sender to collect the bad check and promptly settle the payment with a valid one. This is the best way to settle the bad check issue without getting into legal proceedings. It carries the notification in a formal and serious manner.
Business organization or bank usually sends this to let a check-writer know that their check has not been accepted by the bank. It formally informs that they still owe money to the sender. In case of nonpayment you can use this as a legal document in court.
Sample Bad Check Collection Letter
From
Mr. Norman Smith
Manager
Luxurious Grocery Venture
45 Oak Impel
Malan, RJ 34689
To
Ms. Samantha Brooks
5/768 Colvin Marvels
TH Connecting Bridge
Malan, RT 34689
Date: 10 Jun, 2014
Subject: Collection of Bad Check (No. 000000)
Dear Ms. Brooks,
I am writing this to notify you that your recent check (No. 000000) that you have sent on February 12, 2014 in order to clear up your January, 2014 grocery payment of $000.00 is not valid. Bank of Milan has returned it to us on February 15, 20143. Bank has sent us a notice of
insufficient funds in your bank account.
You are requested to collect your bad check and submit a valid one. Please settle the payment by the end of this month. You have been one of the most commendable patrons of Luxurious Grocery Venture since March 2012. We are quite sure that this is just a simple mistake from you.
We would appreciate your timely action to reconcile this issue before February, 2014 account closing. Your kind cooperation is anticipated. Thank you for using Luxurious Grocery Venture.
Yours sincerely,
Norman Smith
Manager
Luxurious Grocery Venture
Given Below are a few collection letter samples for a clearer Idea.
Bad Debt Collection Letter
Bad check collection letter serves as a final formal notice reminding about the nonpayment. This is usually written by the debt collection agency hired by another company.
Collection Letter for Dental Offices
Collection letter for dental offices is the best effort to motivate and encourage the patient to pay the outstanding amount promptly.
Collection Letter for Rent
Collection letter for rent is usually written by landlord to notify the tenant regarding the nonpayment of rent amount.
Final Notice Collection Letter
Final notice collection letter serves as a last formal notice regarding the due payment. This letter is usually sent after the two or three collection reminder letters.
Collection Settlement Letter
Collection agencies send a letter on behalf of another company for the settlement of the outstanding payment.
Sample Letter for Collection of Overdue Payment
Official Collection Letter Template and Example
Collection Letter Format for Outstanding Amount