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Simple Demand Letter
"I need a Simple Demand Letter for my construction company to recover AED 250,000 from a subcontractor who has failed to complete agreed works, with a final payment deadline of March 15, 2025."
1. Sender's Details: Full legal name, address, and contact information of the creditor or their representative
2. Date: Current date of the letter
3. Recipient's Details: Full legal name and address of the debtor
4. Subject Line: Clear indication that this is a demand letter and reference numbers if applicable
5. Debt Details: Specific amount owed, origin of debt, and date(s) when debt was incurred
6. Payment History: Summary of any previous payments made and current outstanding balance
7. Legal Basis: Reference to the underlying agreement or circumstance creating the obligation
8. Demand Statement: Clear statement of the amount demanded and payment deadline
9. Payment Instructions: Specific details on how and where to make the payment
10. Consequences of Non-Payment: Professional statement about potential legal action if payment is not received
1. Previous Communications: Reference to prior attempts to collect the debt, used when there have been previous collection attempts
2. Interest Calculation: Breakdown of any interest charges, if applicable to the debt
3. Settlement Options: Proposed payment plans or settlement options, if the creditor is willing to negotiate
4. Without Prejudice: Legal disclaimer to be used when offering settlement options
5. Power of Attorney Reference: Required when the letter is sent by a legal representative rather than the creditor directly
1. Statement of Account: Detailed breakdown of the debt, including dates, amounts, and any interest calculations
2. Copy of Original Agreement: Copy of the contract or agreement that established the debt obligation
3. Payment History Log: Detailed record of all payments made and missed payments
4. Previous Correspondence: Copies of relevant previous communications regarding the debt
Authors
Banking and Financial Services
Real Estate
Construction
Retail
Manufacturing
Professional Services
Healthcare
Technology
Transportation and Logistics
General Commerce
Hospitality
Education
Finance
Legal
Accounts Receivable
Credit Control
Collections
Treasury
Compliance
Operations
Corporate Secretariat
Risk Management
Finance Director
Credit Controller
Accounts Receivable Manager
Collections Specialist
Financial Controller
Legal Counsel
Compliance Officer
Chief Financial Officer
Credit Manager
Treasury Manager
Debt Recovery Specialist
Business Owner
Company Secretary
Operations Manager
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