Subject: District of Columbia Sample Letter for Demand on Guarantor — Urgent Response Required [Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Guarantor's Name] [Guarantor's Address] [City, State, ZIP Code] Dear [Guarantor's Name], RE: DEMAND FOR PAYMENT — GUARANTEE AGREEMENT I hope this letter finds you in good health and high spirits. I am writing to you as the guaranteed party named in a specific contract/agreement to which you have provided a guarantee. The purpose of this letter is to express my demand for immediate payment in accordance with the terms of the guarantee agreement. As you may recall, on [Date], you duly executed the guarantee agreement with [Creditor's Name] to secure the repayment of a debt owed by [Debtor's Name] in the amount of [Loan Amount]. The guarantee agreement clearly states that should the debtor default on their obligations or fail to make timely payments, you, the guarantor, would become responsible for fulfilling the obligations mentioned in the agreement. Unfortunately, due to the debtor's failure to meet their financial commitments, as stated by the terms of the original contract, I am left with no option but to demand payment from you as the guarantor. Despite numerous reminders and attempts to resolve the matter amicably, the debtor has exhibited a persistent pattern of non-payment, thus leaving me no choice but to pursue this course of action. I must emphasize the urgency and seriousness of this matter. I expect the full payment of the outstanding debt in the amount of [Outstanding Amount] within [Specify a Reasonable Timeframe] from the date of this letter. Please be aware that any delay or failure to comply with this demand will leave me with no alternative but to initiate legal proceedings against both the debtor and guarantor to recover the unpaid debt, along with any applicable legal costs and interests as provided by District of Columbia law. To expedite the resolution of this matter and avoid any further legal action, I kindly request that you promptly contact me at [Your Phone Number] or respond to this letter by [Specify a Reasonable Deadline] with acknowledgment of your intent to fulfill your obligations as guarantor. Should you require any additional information or clarification, please do not hesitate to contact me. I trust that you understand the gravity of this situation and will act responsibly to resolve this matter without necessitating involvement of the legal system. Nonetheless, please be advised that if I do not receive a satisfactory response within the specified time frame, I will have no choice but to initiate legal proceedings as mentioned above. Thank you for your immediate attention to this matter. I anticipate a prompt response and an amicable resolution to this situation. Yours sincerely, [Your Name] [Your Title/Position, if applicable] [Your Company Name, if applicable]
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.