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. A company usually hires a debt collection agency when it fails to collect the payments from its bad debtors. These agencies send this as a last reminder regarding the settlement of the outstanding amount. They generally write it in a courteous tone with a pinch of warning. But in case of frequent ignorance they opt the way of harsh actions to pressurize the debtor.
Sample Bad Debt Collection Letter
Mr. Stewart Marvel
Sure Collection Agency
34/6 Filling Square
Mr. Morris Harem
56/ 7 Ben Haskin
DF 67 Streets
Date: 10 Jun, 2014
Subject: Bad Debt Collection Letter
Dear Mr. Harem,
This is to notify you that our client Ultimate Production House has send us records of your outstanding payment. You have stopped all the payments since November, 2014. Your outstanding payment amount is $0000.
They have sent you 5 written notice and 15 telephonic reminders. But you have ignored to settle it. You were one of the best client and a commendable payee before this adverse standing. Hence, I am quite sure that you will be able to keep hold of your goodwill with Ultimate Production House. You are requested to settle your outstanding payment within 10 days.
If you failed to clear this amount of $0000, we will be forced to take some unsympathetic action against you for the collection.
Please note this as a final reminder. Your prompt action for the settlement is anticipated. Feel free to call us on the given contact number for the further assistance for this settlement. I would like to remind you once again that failure to clear up the requisite amount will deserve a legal action against you.
Sure Collection Agency
Given Below are a few collection letter samples for a clearer Idea.
Bad Check Collection Letter
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.
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.