Document background
The Past Due Invoice Collection Letter is a crucial document used in Swiss business operations when previous attempts to collect payment have been unsuccessful. It represents a formal step in the debt collection process, typically sent before initiating legal proceedings under Swiss law. The document must comply with specific requirements of the Swiss Code of Obligations and the Federal Act on Debt Collection and Bankruptcy, including precise identification of the debt, clear payment terms, and explicit consequences of non-payment. This letter is usually sent after regular invoices and informal reminders have failed to secure payment, serving as the final formal notice before escalating to legal collection procedures. It contains detailed information about the outstanding amount, including any applicable interest or late fees, payment history, and a final deadline for payment.
