Letter-Demand_to_Guarantor_for_Payment by umairali1013



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									[From: Free Document Downloads at TheSmallBusinessOwnersManual.com]

This document should be used as a notice to a guarantor of
an obligation that the debtor is in default and payment is
now being demanded from the guarantor.

The following text of this document should be reviewed and
edited to fit your purposes.

[Find, then fill-in, or delete text in brackets like this: “[NNN]”

If there are dates in this document, they will automatically change to today’s date.

For additional assistance mailto: LegalHelp@TheSmallBusinessOwnersManual.com or
call 888/872-6601.

Otherwise the following text should be reviewed and edited as needed:


Certified Mail, Return Receipt
Requested and Via Fax

Re:    Demand for Payment


This is to notify you that [NAME OF DEBTOR] is currently in default under its
obligations to [NAME OF CORPORATION] in the amount of $[N] as of [DATE].

In accordance with the terms and conditions of your Guaranty dated [DATE], you are
responsible in full for all obligations of [DEBTOR]. Demand is hereby made for payment
in full of said amount, which payment must be received by us by a cashier’s check by
[DATE] at the following address:

In the event we do not receive full payment from you by the required date, we will
proceed to commence legal proceedings against you under your Guaranty and will
additionally assess you legal fees and costs for such legal proceedings, as provided to us
by the Guaranty.

If you have any questions, call the undersigned immediately at [PHONE NUMBER].

Very truly yours,


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