Sample Template Example of Notice To Defaulter In Payment in Word / Doc / Pdf Free Download
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BANCK /
CORPORATE / COMAPNY LEGAL NOTICE LETTER TO DEFAULTER: COLLATERAL DEMANDED
[DATE, ex. Wednesday, June 11, 2016]
[NAME, COMPANY AND ADDRESS, ex.
John Smith
XYZ Inc.
1234 First Street
Suite 567
Anycity, Anystate 85245]
Dear [NAME,
ex. John Smith],
Regretfully,
unfortunate circumstances have caused us to write this letter to you.
We are writing to inform you that
you are in default under our security agreement of [DATE, ex. January 5, 2016]
for the following reason{s}:
[LIST REASON(S), ex.
Failure to pay second installment
of $12,000 per clause 4(b)]
As provided in our security
agreement, we hereby request and demand that you surrender possession of the
collateral listed therein to us immediately.
Sincerely,
[YOUR NAME, ex. Jill Jones]
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