Demand letter by secured party for possession of collateral
Sample letters / example templates and forms
DEMAND BY SECURED PARTY FOR POSSESSION OF COLLATERAL
Date: _ To: _ [Debtor]
This is to advise you that you are in default under our security agreement dated _, 19_, for the following reason[s]: _ Accordingly, I demand that you surrender possession of the collateral to me at once as provided in the security agreement and Uniform Commercial Code.
Very truly,
___________________________ Secured Party
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