This is an example of a letter demanding payment of unpaid debts. For more demand letters, see the Minnesota Demand Letters page.
Demand for Full Amount Due Letter Template
[DATE]
[DEBTOR]
[STREET ADDRESS]
[CITY] [STATE] [ZIP]Re: Loans in Default to [CLIENT]
Gentlemen:
I have been retained to represent [CLIENT] regarding three loan defaults.
This will serve as notice that you are in default of your loan obligations to [CLIENT] as follows:
- Loan #[XXXXX] – Principal & Interest was due on [DATE] in the amount of $[XXXX] ($[XXXX] principal and $[XXXX] interest)
- Loan #[XXXXX] – Principal & Interest was due on [DATE] in the amount of $[XXXX] ($[XXXX] principal and $[XXXX] interest). And interest on
- Loan #[XXXXX] – Interest was due on [DATE], in the amount of $[XXXX].
The total of the above, as of today, is $[XXXX].
As the above loans are in default, demand is hereby made for the full amount due. Failure to comply will result in [CLIENT] pursuing further legal action.
Very truly yours,
[ATTORNEY]