West Virginia Sample Letter for Remittance of Late Fee

State:
Multi-State
Control #:
US-0081LTR
Format:
Word; 
Rich Text
Instant download

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

Subject: Urgent Remittance of Late Fee — Important Notice [Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Position] [Company Name] [Company Address] [City, State, Zip Code] Dear [Recipient's Name], I hope this letter finds you well. I am writing to bring to your attention the outstanding late fee associated with [mention the specific service/product/class/etc.] in relation to [cite the relevant document/transaction number], which was due on [mention the original deadline]. It has come to my attention that an unintentional lapse has occurred, resulting in the delay of the payment. I deeply apologize for any inconvenience caused and take full responsibility for this oversight. Rest assured, I am committed to rectifying this promptly. In line with my commitment and adherence to our business ethics, I am remitting the late fee along with the original payment. Kindly find enclosed a check/draft/postal order for the total amount of [mention the total amount of payment including the late fee in words and figures] to be credited to our account. I kindly request your understanding and cooperation in withdrawing any penalties/late charges that might have been applied due to this late payment. I assure you that this occurrence is an exception, and I will strive to ensure timely payments in the future. Should there be any further actions or paperwork necessary from my end to resolve this matter, please do not hesitate to inform me by [preferred mode of contact]. I sincerely appreciate your attention to this matter and eagerly look forward to your confirmation of the payment receipt. Thank you for your understanding and cooperation. I apologize once again for this unintended delay, and I hope that we can continue our business relationship with the same trust and professionalism we have maintained thus far. Yours sincerely, [Your Name]

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FAQ

In West Virginia, the law does not specify a maximum late fee you can charge. Businesses in Virginia are also not required to allow a grace period before charging late fees.

How Much Does a Business License Cost in West Virginia? It costs $30 to obtain a business registration certificate. There may be other licensing and permit fees for other licenses you are required to obtain.

Initial West Virginia Corporation Filing Fees State FeeState Filing TimeExpedited Filing Time$1006 Weeks11 Business Days *State Fee$100State Filing Time6 WeeksExpedited Filing Time11 Business Days *

Register Your West Virginia LLC The cost is $100 (waived for veteran-owned LLCs), and it takes five to ten business days to process the request. You can expedite the filing with the following additional fees: 24 hours: $25. Two hours: $250.

How to Incorporate in West Virginia. To start a corporation in West Virginia, you'll need to do three things: appoint a registered agent, choose a name for your business, and file Articles of Incorporation with the Business Division. You can file this document online or by mail, fax, or email. The articles cost $100.

A late fee is a charge imposed on a consumer who fails to make the payment on a debt or other financial obligation by the due date. All late fees must be explicitly outlined to borrowers and must also be reasonable. Late fees generally range from $25 to $50.

If you want to establish a West Virginia DBA (trade name), you must register a trade name (DBA) with the WV Secretary of State and pay a filing fee of $25 with an additional $1 for making the registration online.

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West Virginia Sample Letter for Remittance of Late Fee