What happens if payment is still not received, despite sending a Letter of Demand?
You can forward a Letter of Final Notice to your Customer, which serves as notice of your intention to commence legal proceedings, if payment is not received within 48 hours from the date of the Letter of Final Notice.
You have been provided with a Letter of Final Notice which is incorporated into the Cash Flow Protection Pack.
What do you need to do to issue a Letter of Final Notice?
Simply print the Letter of Final Notice we have provided to you electronically onto your company letterhead.
Prior to printing, insert your Customer’s Name and Address details in the appropriate locations, as well as the Invoice number into the “RE” line.
The date of the Letter of Demand (you had previously sent) is to be inserted into paragraph two. This draws the Customer’s attention to the fact that you have provided them with a previous opportunity to pay. This may also be tendered as evidence, should the matter proceed to Court.