DEMAND BY SECURED PARTY FOR REPOSSESSION OF COLLATERAL

Document Sample
DEMAND BY SECURED PARTY FOR REPOSSESSION OF COLLATERAL Powered By Docstoc
					Letter For The Demand By Secured Party For Repossession Of Collateral




Date:

To: (Debtor’s Representative Name)
    (Address)

Reference is made to a security agreement granted to (Secured Party)          on
(Date)     .

You are advised that (Debtor)           is in default of said security
agreement because:
_________________________________________________________
_________________________________________________________
_________________________________________________________
_________________________________________________________

Accordingly, demand is made for the surrender and delivery to us of all the
collateral under said security agreement described as:
_________________________________________________________
_________________________________________________________
_________________________________________________________
_________________________________________________________

We intend to exercise our rights of foreclosure and sale pursuant to the
Uniform Commercial Code.

                           Sincerely,

                           _________________________________
                           Secured Party Representative

				
DOCUMENT INFO