Sample Demand Letter Form For Delinquent Account printable pdf download

Sample Demand Letter Form For Delinquent Account

Date

Re: Delinquent Account, Unit _______

Dear Owner,

Your homeowner assessment account is delinquent in the amount of

$______________.

The calculation of the delinquency is depicted on the attached accounting.

You may enter into a payment plan to bring your account current. However your

balance must be paid within six months of the date of this letter, including remaining

current with ongoing assessments. If you choose to enter into a payment plan, your

new monthly payments during this plan will be $_____ per month which includes

ongoing monthly assessments of $ ____ per month. Please contact:

_____________________ at ___________________, if you desire to pay this debt, set

up this payment plan or to verify the debt owed. If you enter into a payment plan and

you fail to make any payment pursuant to the plan, the Association may proceed with

legal action against you without further notice to you.

PLEASE NOTE ACTION IS REQUIRED BY YOU TO CURE THE DELINQUENCY.

FAILURE TO DO SO WITHIN 30 DAYS OF THE DATE OF THIS LETTER MAY

RESULT IN YOUR DELINQUENCY BEING TURNED OVER TO A COLLECTION

AGENCY, A LAWSUIT BEING FILED AGAINST YOU OR THE FILING OF A

FORECLOSURE OF A LIEN AGAINST YOUR PROPERTY OR ANY OTHER

REMEDIES AVAILABLE PURSUANT TO COLORADO LAW.

Sincerely,

Sun Disk Condominium Association

Sample Demand Letter Form For Delinquent Account