Collection Letter Final Notice Template for United Arab Emirates

The Collection Letter Final Notice is a crucial document in the UAE debt recovery process, typically issued after previous collection attempts have been unsuccessful. This document represents the final formal communication before legal proceedings are initiated, making it a critical step in the debt collection process. It must be drafted in compliance with UAE Federal Laws, including Civil Code (Federal Law No. 5 of 1985) and Commercial Transactions Law (Federal Law No. 18 of 1993), while adhering to UAE Central Bank guidelines on debt collection practices. The notice should clearly state the outstanding amount, payment deadline, and consequences of non-payment, while maintaining professional standards and ethical considerations. It serves as important evidence in any subsequent legal proceedings, demonstrating that the creditor has made reasonable attempts to recover the debt before pursuing court action.

1. Letter Header: Company letterhead, date, reference number, and formal designation as 'Final Collection Notice'

2. Recipient Details: Full name, address, and account reference number of the debtor

3. Debt Information: Clear statement of the outstanding amount, original due date, and basis of the debt

4. Payment Demand: Formal demand for payment including the total amount due with any accrued interest or charges

5. Payment Instructions: Detailed payment methods, account details, and deadline for payment

6. Legal Consequences: Clear statement of legal actions that will be taken if payment is not received by the specified deadline

7. Contact Information: Clear contact details for payment arrangements or queries