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[FREE] Template: Collection Demand Letter for No Past-Due History

Ready-to-use, free collections demand letter for a customer with no previous past-due history.

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About this course

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description
lessonOverview

When it comes to recovering unpaid debts, verbal altercations and threats are ineffective and unenforceable. The best course of action for you to collect your money in such circumstances is to have a collection demand letter.

A collection letter should be concise and clear to highlight the potential legal repercussions clearly. Utilizing letterhead is just one minor element that can make the letter seem even more official. 

Once a debt is a past due, collection letters should be sent. Waiting too long between payments can make it difficult to enforce debt payback. This ready-to-use template will help you collect payments with no previous due history.

Key Takeaways:

  • Ready-to-use Collections Demand Letter Template With No Previous Due History

  •  How to Use an Assertive Tone to Collect Past-Due Receivables
  • How to Improve Your Company's Cash Flow

instructor
name title image description
ROBERT SHULTZ Founder, Quote to Cash Solution This template has been created by Robert Shultz. With an immense experience of over 30 years as a global credit and financial executive for large multinational companies. Robert also provides consulting services in all aspects of the credit and collections process for companies of all sizes in a variety of industries. He is one of the founding partners of Quote to Cash Solutions.
recommendation
image tag title description link duration
Collections Prioritization Negotiations 101 for Collectors Watch this beginner’s tutorial to understand how to proactively prepare for collection call negotiations by deciding your goals, trade-off, and alternative strategies while anticipating your customers' behavior. https://academy.highako.com/collections-call-negotiation 70 Mins
Collections Prioritization Win-Win Collections Call Negotiation: Strategies & Benefits With expert communication and collections negotiation skills, learn how to create a win-win collections strategy with your customers. https://academy.highako.com/win-win-collections-call-negotiation-strategies-benefits 120 Mins

About this course

promoImage
description
lessonOverview

When it comes to recovering unpaid debts, verbal altercations and threats are ineffective and unenforceable. The best course of action for you to collect your money in such circumstances is to have a collection demand letter.

A collection letter should be concise and clear to highlight the potential legal repercussions clearly. Utilizing letterhead is just one minor element that can make the letter seem even more official. 

Once a debt is a past due, collection letters should be sent. Waiting too long between payments can make it difficult to enforce debt payback. This ready-to-use template will help you collect payments with no previous due history.

Key Takeaways:

  • Ready-to-use Collections Demand Letter Template With No Previous Due History

  •  How to Use an Assertive Tone to Collect Past-Due Receivables
  • How to Improve Your Company's Cash Flow

instructor
name title image description
ROBERT SHULTZ Founder, Quote to Cash Solution This template has been created by Robert Shultz. With an immense experience of over 30 years as a global credit and financial executive for large multinational companies. Robert also provides consulting services in all aspects of the credit and collections process for companies of all sizes in a variety of industries. He is one of the founding partners of Quote to Cash Solutions.
recommendation
image tag title description link duration
Collections Prioritization Negotiations 101 for Collectors Watch this beginner’s tutorial to understand how to proactively prepare for collection call negotiations by deciding your goals, trade-off, and alternative strategies while anticipating your customers' behavior. https://academy.highako.com/collections-call-negotiation 70 Mins
Collections Prioritization Win-Win Collections Call Negotiation: Strategies & Benefits With expert communication and collections negotiation skills, learn how to create a win-win collections strategy with your customers. https://academy.highako.com/win-win-collections-call-negotiation-strategies-benefits 120 Mins