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Have you ever had to follow up on someone who owes you or your company some money for unpaid bills and other service charges? It’s never a pleasant activity to go and barge in on someone’s life to demand what is owed to you. There is a professional way to do this. This list of free letter templates will help you collect the money your clients owe you. You may also see Letter Samples.
If it comes down to it, such letters will also provide the necessary paper evidence in the event that you need to bring the case to court. More often, a well-written collection letter template with all the appropriate details will give your client the friendly little reminder (or a firmer “push”) so they actually get around to paying you.
Have you ever been in a position where you had to constantly remind people who owe you money or to your company, then do it in a more professional way by using this Credit & Collection Templates in Microsoft Word. It easy to edit and customize in any way you want.
This is the legal way to make a demand on what is rightfully yours. At some point, any business that allows for payment after the service or commodity has been delivered may run into this issue.
This is something every agency and institution should learn to master. In many of these situations, the client merely needs a friendly nudge or reminder of outstanding balance that has to be paid soon. The “or else” clause is usually already inherent in the wording and the details.
The simple answer is, Whenever someone owes you money.
Normally, these letters are drafted and sent to the client after a prescribed amount of time following the issue of a bill. If the client does not respond in any way within that time frame, this letter is the next step in the process.
Some institutions that often need this most are
There are examples here for each kind, as well as other general templates, you can modify for your needs.
If you see something that applies to your situation, you may download it free of charge and print it out for official use. The blank templates are the most useful form for this. You may customize them to include your company name and logo, along with other specific details.
Remember that these collection letters are just another form of a Legal Letter. You will need this for documentation, in case further action needs to be taken.
Beyond that point, you may want to look into small court hearings.
Remember to keep your own copy of the letter. To make sure it reaches its destination, send a physical copy through the mail as well as a digital copy through e-mail, if you have your client’s address.