Notice and Tender by Debtor

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

Notice and Tender by Debtor

Notice and Tender by Debtor

{{company_name}}

{{company_address}}

Tel: {{phone}}

Email: {{email}}

Website: {{website}}

Date:

{{date}}

Creditor Details:

{{creditor_name}}

{{creditor_address}}

Subject: Notice of Tender of Payment for Outstanding Debt

Dear {{creditor_name}},

This letter serves as a formal notice of my/our intention to tender payment for the outstanding debt owed to you/your esteemed organisation. The details of the debt are as follows:

Debt Details:

Account/Reference Number: {{account_reference_number}}

Original Amount of Debt: {{original_debt_amount}}

Date Incurred: {{date_incurred}}

Description of Goods/Services (if applicable): {{description_of_debt}}

Tender of Payment:

I/We hereby offer to pay the sum of {{tendered_amount}} ({{tendered_amount_words}}) in full and final settlement of the aforementioned debt. This amount comprises the principal debt amount, along with any applicable interest calculated up to {{tender_effective_date}}.

The payment will be made by way of {{payment_method}} (e.g., electronic funds transfer, cheque) on or before {{payment_due_date}}.

Conditions of Tender:

This tender is made on the express condition that acceptance of this payment will constitute a full and final discharge of all liabilities related to the above-referenced debt.

Should there be any discrepancies or if this tendered amount is not acceptable, please notify me/us in writing within {{response_period}} days from the date of this notice, providing a detailed explanation and any supporting documentation.

Legal Implications:

Please be advised that if this tender of payment is refused without just cause, subsequent interest accrual or any further legal costs incurred by you in attempting to recover the debt may be disputed, as we have demonstrated a willingness and ability to settle the obligation.

Contact Information:

For any queries or to confirm acceptance of this tender, please contact me/us at the details provided below:

Contact Person: {{debtor_contact_person}}

Tel: {{debtor_phone}}

Email: {{debtor_email}}

Yours faithfully,

___________________

{{debtor_name}}

{{debtor_title}}