Collection Letter for Following Promissory Note

About this template:

This particular legal document or agreement of assignment is used to assist in articulating the terms of a collection demand letter following promissory note . See other legal documents that you may be interested in at https://www.templateguru.co.za/templates/legal/

Excerpt:

COLLECTION DEMAND LETTER Dear [CONTACT NAME] As of the date of this letter your payment which under the terms of a promissory note you entered into was due on [DATE] has not been received and is now past due. The amount overdue is [AMOUNT].If you have already forwarded your payment please disregard this letter; otherwise please forward your payment immediately in order to avoid defaulting under the promissory note dated [DATE] and being reported to a collection agency.

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