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Demand for Payment Letter

Create a firm, professional demand for payment letter that itemizes what is owed, sets a payment deadline and explains how to pay. Preview first.

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What this document does

A firm, professional letter from a creditor to a person or business that owes it money, stating what the debt is for, itemizing the amount owed, recording earlier requests and partial payments, setting a payment deadline, explaining how to pay, and stating that the creditor may pursue the remedies available to it if payment is not made.

What it covers

  • The Debt
  • Amount Owed
  • Earlier Requests and Payments
  • Payment Deadline
  • How to Pay
  • If Payment Is Not Received

A template you fill in yourself from your own answers. LeaseCraft is not a law firm and does not give legal advice; for advice about your situation, talk to a lawyer.

How it works

1

Answer the questions

Plain-language questions about the people, dates and terms.

2

Preview it free

Read the document built from your answers and change anything before you download.

3

Download PDF and Word

Included with LeaseCraft Annual ($19.99/year).

Questions about the Demand for Payment Letter

What the money is for, a factual description with any invoice, agreement or check number, the amount owed with any fees, interest and partial payments itemized, earlier requests for payment, a payment deadline, how to pay, and what the sender may do if the debt is not paid.

No. This letter is for a person or business collecting money owed directly to it. Third-party debt collectors, collection agencies, debt buyers and anyone collecting a debt owed to someone else should not use this letter.

Only if your agreement with the other party provides for them. The letter lists them separately, and the itemized amounts must add up to the total you demand. The letter does not claim interest under any law.

The letter states that you may pursue the remedies available to you, which may include filing a claim in court. It does not threaten criminal action, and it mentions credit reporting only if you confirm that you report to credit bureaus and intend to report this debt.

Choose first-class mail, certified mail, email, or certified mail and email. The letter records the method you choose. Certified mail gives you proof of mailing; keep a copy of the letter and any receipt.

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