Demand Letter Sample

 

20th day of August 2014 MELISSA A. MARASIGAN Mel’s Grocery #21 Kisad Road, Baguio City RE: DEMAND LETTER

Dear Melissa Marasigan:

This is in reference to the loan which you obtained from our client, MS. KAYE E. SANTOS, SANTOS, on June 20, 2012. The principal amount of your loan is TH THIR IRTY TY FI FIVE VE TH THOU OUSA SAND ND PE PESO SOS S (P (P35 35,, 00 000. 0.00 00)) only, Philippine currency, with an agreed monthly interest of ten percent (5%), payable on or before June 20, 2014. You issued You issued BDO (Session (Session Road Bra Branch nch)) Che Check ck No. 0012345 0012345 dated June Ju ne 30 30,, 20 2014 14 fo forr th thee su sum m of FO FORT RTY Y FI FIVE VE TH THOU OUSA SAND ND PE PESO SOS S (P45,000) in payment of the said principal loan including the stipulated interest for the period January 20 to June 20, 2014, to our client. When our client deposited the check for clearing on June 20, 2014 as you have requested, it was dishonored by the drawee bank (BDO) for the reason: ACCOUNT CLOSED. CLOSED.

Pursuant to the provisions Pursuant provisions of Batas Pambansa No. 22 in conjunction with wi th Re Repu publ blic ic Ac Actt 48 4885 85,, I would ask you to make necessary arrangement for the payment in full by the drawee bank of your check  within five (5) banking days after days after receipt of this notice.

Needless to state, in this connection, your failure to do so is a  prima facie evidence of deceit constituting false pretense or fraudulent act punishable under the law.

To avo avoid id the cos costs ts and and/or /or the inc inconv onveni enienc encee of cou court rt   litigation, litigation, we anticipate that you give this letter your preferential attention Page 1 of 2

 

Please be guided accordingly.

Very truly yours,

ATTY. JACOB B. FERNANDEZ

 

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