Ohio Sample Letter for Request for Payment to Delinquent Account before Filing Suit

• Category: Letters - Legal - Collections
• State: Multi-State
• Control #: US-0743LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. Subject: Urgent Request for Payment on Delinquent Account — Legal Action Pending [Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Debtor's Name] [Debtor's Address] [City, State, ZIP Code] Dear [Debtor's Name], RE: [Account Number] We hope this letter finds you well. We regret to inform you that, despite previous reminders and notifications, your account with [Your Company's Name] remains severely delinquent. Our records indicate that the outstanding balance of [Amount in US Dollars] is long overdue for payment. As a responsible and law-abiding company, we have made multiple attempts to resolve this matter amicably. Unfortunately, our efforts have been in vain. Therefore, we are left with no choice but to pursue further legal action unless immediate payment is made in full by [Payment Due Date: usually within 10-15 days from the date of the letter]. Our company's records indicate that the overdue payment has been pending since [Original Payment Due Date]. Despite our numerous reminders, we have yet to receive any corresponding remittance or communication from you to indicate any extenuating circumstances that may have caused this oversight. Attached to this letter, you will find a detailed statement of your account, including the principal amount, late fees, and any additional charges incurred due to the delinquency. Kindly review this statement carefully. If you find any discrepancies or have any questions regarding the outstanding balance, please contact our office immediately, so we can resolve the matter promptly. Considering the circumstances, we strongly urge you to take immediate action by submitting payment for the full outstanding balance to our office. This payment can be made via [Accepted Payment Methods: e.g., check, credit card, wire transfer], and should be sent to the following address: [Your Company's Name] [Payment Mailing Address] [City, State, ZIP Code] Please note that failure to remit payment in full by the specified due date will leave us with no alternative but to commence legal proceedings to recover the debts owed to us. Such action may lead to additional financial consequences, including but not limited to court costs, attorney fees, and potential damage to your credit reputation. However, we firmly believe that it is in the best interest of both parties to resolve this matter without resorting to litigation. Therefore, we kindly request that you consider this letter as a final opportunity to honor your financial commitments before any legal action ensues. We encourage you to reach out to our office at [Your Contact Number] or [Your Email Address] to discuss possible payment arrangements or to seek further clarification on this matter. We sincerely hope that you will take immediate action to rectify this situation and prevent any unnecessary escalation. Your prompt response will be highly appreciated. We remain committed to finding a mutually beneficial resolution as opposed to pursuing legal channels. Thank you for your attention to this serious matter, and we trust that you will regard this communication with the urgency it requires. Sincerely, [Your Name] [Your Position] [Your Company's Name]

Subject: Urgent Request for Payment on Delinquent Account — Legal Action Pending [Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Debtor's Name] [Debtor's Address] [City, State, ZIP Code] Dear [Debtor's Name], RE: [Account Number] We hope this letter finds you well. We regret to inform you that, despite previous reminders and notifications, your account with [Your Company's Name] remains severely delinquent. Our records indicate that the outstanding balance of [Amount in US Dollars] is long overdue for payment. As a responsible and law-abiding company, we have made multiple attempts to resolve this matter amicably. Unfortunately, our efforts have been in vain. Therefore, we are left with no choice but to pursue further legal action unless immediate payment is made in full by [Payment Due Date: usually within 10-15 days from the date of the letter]. Our company's records indicate that the overdue payment has been pending since [Original Payment Due Date]. Despite our numerous reminders, we have yet to receive any corresponding remittance or communication from you to indicate any extenuating circumstances that may have caused this oversight. Attached to this letter, you will find a detailed statement of your account, including the principal amount, late fees, and any additional charges incurred due to the delinquency. Kindly review this statement carefully. If you find any discrepancies or have any questions regarding the outstanding balance, please contact our office immediately, so we can resolve the matter promptly. Considering the circumstances, we strongly urge you to take immediate action by submitting payment for the full outstanding balance to our office. This payment can be made via [Accepted Payment Methods: e.g., check, credit card, wire transfer], and should be sent to the following address: [Your Company's Name] [Payment Mailing Address] [City, State, ZIP Code] Please note that failure to remit payment in full by the specified due date will leave us with no alternative but to commence legal proceedings to recover the debts owed to us. Such action may lead to additional financial consequences, including but not limited to court costs, attorney fees, and potential damage to your credit reputation. However, we firmly believe that it is in the best interest of both parties to resolve this matter without resorting to litigation. Therefore, we kindly request that you consider this letter as a final opportunity to honor your financial commitments before any legal action ensues. We encourage you to reach out to our office at [Your Contact Number] or [Your Email Address] to discuss possible payment arrangements or to seek further clarification on this matter. We sincerely hope that you will take immediate action to rectify this situation and prevent any unnecessary escalation. Your prompt response will be highly appreciated. We remain committed to finding a mutually beneficial resolution as opposed to pursuing legal channels. Thank you for your attention to this serious matter, and we trust that you will regard this communication with the urgency it requires. Sincerely, [Your Name] [Your Position] [Your Company's Name]