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Demand For Payment
DEMAND FOR PAYMENT
[Date]
[First Name of borrower] [Last Name of borrower]
[Company Name of borrower]
[Street Address of borrower]
[State of borrower] [Zip Code of borrower]
Dear [Mr./Mrs. borrower] [Last Name of borrower]:
Reference is hereby made to an obligation dated [Date of the original agreement], by and between [Name of Lender] and [First name of borrower] [Last name of borrower].
As a result of your payment failure to [Name of Lender] ["Lender"], you are currently in default. Demand is hereby made of you for full payment of $ [Amount of full payment].
Very truly yours,
Signature Date