Final Notice of Impending Litigation

Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Date

{{date}}

Debtor Information

TO: {{debtor_name}}

{{debtor_address}}

Subject

FINAL NOTICE OF IMPENDING LITIGATION – OUTSTANDING PAYMENT FOR ACCOUNT {{account_number}}

Opening Statement

Dear {{debtor_name}},

This letter serves as a final and unequivocal notice regarding the outstanding balance due on your account, {{account_number}}, amounting to {{currency}} {{outstanding_amount}} ({{amount_in_words}}).

Background and Previous Attempts

Despite repeated attempts to resolve this matter amicably, including but not limited to, phone calls, emails, and previous demand letters dated {{previous_communication_dates}}, the aforementioned outstanding balance remains unpaid. We have exhausted all avenues for an out-of-court settlement.

Demand for Payment

You are hereby formally notified that payment of the full outstanding amount of {{currency}} {{outstanding_amount}} must be received by our offices no later than close of business on {{final_payment_date}}. This date is {{number_of_days}} days from the date of this letter.

Consequence of Non-Payment

FAILURE TO REMIT THE FULL OUTSTANDING PAYMENT BY THE STIPULATED DATE WILL LEAVE US WITH NO OPTION BUT TO INITIATE IMMEDIATE LEGAL PROCEEDINGS AGAINST YOU WITHOUT FURTHER NOTICE. This may include, but is not limited to, the issuance of summons, obtaining a judgment against you, and pursuing all available legal remedies to recover the debt, including interest, legal costs, and any collection fees incurred.

Legal Costs and Interest

Be advised that should legal action be pursued, you will be held liable for all legal costs incurred by {{company_name}} on an attorney and client scale, as well as interest on the outstanding amount at the prescribed legal rate of {{interest_rate}}% per annum from the date the debt became due until full and final settlement.

Contact for Resolution

To avoid escalation and the associated legal costs, we urge you to contact {{contact_person}} at {{contact_phone}} or {{contact_email}} immediately to arrange for full payment. This is your final opportunity to resolve this matter before legal action is instituted.

Closing

Sincerely,

{{signature_of_sender}}

{{sender_name}}

{{sender_title}}

{{company_name}}