What is a Letter of Demand?
A Letter of Demand is formal notification to a Customer that payment has not been received in accordance with ordinary terms of trading, and that a certain number of days will be allowed to receive payment before Legal Proceedings are commenced.
What do you need to do to issue a Letter of Demand?
Simply print the Letter of Demand we have provided to you electronically onto your company letterhead.
Prior to printing, insert your Customer’s Name and Address details in the relevant locations, as well as the Invoice number onto the “RE” line.
You will need to insert the Amount of the Debt and the date it was due and payable into the first paragraph of the Letter of Demand.