Rhode Island 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. [Your Name] [Your Address] [City, State, ZIP Code] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP Code] Subject: Request for Payment to Delinquent Account before Filing Suit Dear [Recipient's Name], I hope this letter finds you well. I am reaching out to you regarding the outstanding balance on your account with [Your Company Name]. We regret to inform you that despite our previous attempts to resolve this matter amicably, your account remains delinquent. The purpose of this letter is to formally request immediate payment of the outstanding balance on your account, [Account Number], amounting to $[Amount Owed]. This amount includes all unpaid invoices and late fees as per the terms and conditions outlined in our agreement. As a responsible business, it is imperative for us to maintain financial stability and receive payment for services rendered. We have made considerable efforts to accommodate your situation by providing extended payment terms and reminders, but regrettably, we have not received any response or payment from you. In light of the circumstances, we kindly ask you to remit full payment within [Specify Timeframe — e.g., 10 business days] from the date of this letter in order to avoid further escalation of our collection efforts. Failure to meet this deadline will leave us with no choice but to pursue legal action to recover the outstanding debt. Please note that legal proceedings involve additional costs, such as court fees, attorney charges, and potential damage to your credit rating. We sincerely hope it does not come to that and believe that amicable resolution is in the best interest of both our parties. To arrange payment or discuss a feasible payment plan, please contact us at [Your Contact Information] as soon as possible. We are open to considering alternative arrangements that can help you effectively settle your account. Ignoring this matter or further delaying payment will compel us to proceed with legal action, which may result in further negative consequences for you. We genuinely value our business relationship with you and believe that this incident can be resolved amicably before it escalates further. Therefore, we strongly urge you to fulfill your obligations by settling the outstanding balance promptly. Thank you for your immediate attention to this matter. We look forward to receiving your payment and resolving this issue on good terms. We sincerely hope that it will not be necessary to pursue legal action. Should you require any clarification or have any concerns, please do not hesitate to reach out to our office. Yours sincerely, [Your Name] [Your Title/Occupation] [Your Company Name] [Your Contact Information] [Enclosure: Copy of unpaid invoices or relevant documentation]

[Your Name] [Your Address] [City, State, ZIP Code] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP Code] Subject: Request for Payment to Delinquent Account before Filing Suit Dear [Recipient's Name], I hope this letter finds you well. I am reaching out to you regarding the outstanding balance on your account with [Your Company Name]. We regret to inform you that despite our previous attempts to resolve this matter amicably, your account remains delinquent. The purpose of this letter is to formally request immediate payment of the outstanding balance on your account, [Account Number], amounting to $[Amount Owed]. This amount includes all unpaid invoices and late fees as per the terms and conditions outlined in our agreement. As a responsible business, it is imperative for us to maintain financial stability and receive payment for services rendered. We have made considerable efforts to accommodate your situation by providing extended payment terms and reminders, but regrettably, we have not received any response or payment from you. In light of the circumstances, we kindly ask you to remit full payment within [Specify Timeframe — e.g., 10 business days] from the date of this letter in order to avoid further escalation of our collection efforts. Failure to meet this deadline will leave us with no choice but to pursue legal action to recover the outstanding debt. Please note that legal proceedings involve additional costs, such as court fees, attorney charges, and potential damage to your credit rating. We sincerely hope it does not come to that and believe that amicable resolution is in the best interest of both our parties. To arrange payment or discuss a feasible payment plan, please contact us at [Your Contact Information] as soon as possible. We are open to considering alternative arrangements that can help you effectively settle your account. Ignoring this matter or further delaying payment will compel us to proceed with legal action, which may result in further negative consequences for you. We genuinely value our business relationship with you and believe that this incident can be resolved amicably before it escalates further. Therefore, we strongly urge you to fulfill your obligations by settling the outstanding balance promptly. Thank you for your immediate attention to this matter. We look forward to receiving your payment and resolving this issue on good terms. We sincerely hope that it will not be necessary to pursue legal action. Should you require any clarification or have any concerns, please do not hesitate to reach out to our office. Yours sincerely, [Your Name] [Your Title/Occupation] [Your Company Name] [Your Contact Information] [Enclosure: Copy of unpaid invoices or relevant documentation]