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What is a "Letter of Demand'?

Date: Wed, 03/14/2018 - 22:56

Submitted by lopezz
on Wed, 03/14/2018 - 22:56

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Total Replies: 4

What is a "Letter of Demand'?


What is a "Letter of Demand'? Is it any legal document?


The debt collection companies send "Letter of Demand" as a reminder to repay debt. It also states that if the debtor doesn't pay the amount he/she owes, the collection company can start any legal action against the debtor.


lrhall41

Submitted by Mabelle Page on Thu, 03/15/2018 - 06:13

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This letter is actually sent when you have made unsuccessful attempts to get your invoice paid. This is the first reminder letter before you take any legal step.


lrhall41

Submitted by ditchdebt on Thu, 03/15/2018 - 03:55

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