Notice of Default for Payment or Contract Performance
BY REGISTERED AD POST
  Date
  Your Name
  Address

Name of Person or Business

Address

Dear (Name of Person or Officer):

Please be advised that pursuant to (specify, such as the terms of a contract, loan agreement, promissory note, or other obligation) you are in default because (specify, such as failing to make a payment by a certain date, failing to complete work or deliver goods pursuant to a contract, etc.).

As we discussed by telephone on (specify date), please treat this letter as an immediate request for you to comply with the terms of our agreement (copy of agreement or document enclosed).

In the event you (specify, such as do not complete the work by or we do not receive payment in full by [specify date] ), legal action shall be immediately commenced to enforce our rights and we shall seek additional penalties, damages, prejudgment interest, legal fees, costs, and other charges.

Hopefully this can be avoided, and I thank you for your prompt assistance and attention to this matter.

  Very truly yours,
  Your Name
  Name of Business

 

ABSOLUTELY NO WARRANTIES ARE MADE REGARDING THE SUITABILITY OF THESE FORMS FOR ANY PARTICULAR PURPOSE. IT IS ADVISABLE THAT IMPORTANT DOCUMENTATIONS ARE PREPARED OR VETTED BY EXPERT. LEGAL ADVICE OF ANY NATURE SHOULD BE SOUGHT FROM COMPETENT, INDEPENDENT, LEGAL EXPERT IN THE RELEVANT JURISDICTION.
 
APPOINT CHAMBER PRACTICE EMAIL POST YOUR QUERY APPOINT AS RETAINER HOME