A collection letter to pay up or face legal action is a formal letter that informs the receiver about an undue payment that requires immediate attention and response from them. The letter mentions the course of action that the sender can resort to if the payment is not cleared in the mentioned due time.
In this post are sample letter of collection to pay dues or face legal action, effective debt collection letter example and collection letter format. This debt collection letter template can be used as reference to draft your own letter.
Collection Letter to Pay up or Face legal Action
The Manager
World Bank
Texas, United States of America
Date: July 16, 2022
To,
Mr. Nate High
34, Posh Bungalows
Uptown, Texas
United States of America
Subject: Collection letter to pay up or face legal action
Dear Nate,
This letter is to inform you that the position of your account is not favorable. You are liable to pay the due amount by July 20 or will have to face legal action. Resorting to the latter will only destroy your reputation and credit history. It will cost you a great deal.
Sincerely,
The Manager
World Bank