Kansas Letter to Client - Failure to pay account and proposed withdrawal

• Category: Attorneys - Letters
• State: Multi-State
• Control #: US-ATTY-3
• Format: Word; Rich Text

Description

This is a multi-state form covering the subject matter of the title.

Title: Kansas Letter to Client — Failure to Pay Account and Proposed Withdrawal Keywords: Kansas, letter to client, failure to pay account, proposed withdrawal, debt repayment, legal action, payment plan negotiation, financial obligations, account delinquency, collection process, debt recovery. Introduction: Dear [Client's Name], We hope this letter finds you well. We are writing to address a matter of increasing concern regarding your outstanding account balance with [Company Name]. Despite our previous attempts to engage in amicable discussions regarding the payment of your overdue account, it has come to our attention that the outstanding balance remains unpaid, rendering us with no other option but to consider further action. Failure to Pay Account: We would like to remind you that the account in question, bearing the reference number [Account Number], currently shows a delinquent balance of [Amount]. The payment was due on [Due Date], as per the terms and conditions agreed upon at the time of your account opening. Proposed Withdrawal: Considering the account's prolonged delinquency and our attempts to resolve this matter without resorting to legal action, we must conclude that it is necessary to request your immediate attention to clear the outstanding debt. Failure to address the payment within [Number] days from the date of this correspondence will leave us with no choice but to initiate legal proceedings to recover the amount owed. Payment Plan Negotiation: We understand that unforeseen circumstances may have caused financial strain, making it difficult for you to settle the account balance promptly. In an effort to find a mutually beneficial resolution, we encourage you to get in touch with our dedicated accounts department at [Phone Number] or [Email Address]. Our team is available to discuss alternative payment arrangements or establish a reasonable payment plan that aligns with your current financial situation. Legal Action and Collection Process: However, please be aware that if this remaining balance continues unpaid, and we do not receive any response within the given timeframe, we may be compelled to pursue legal action against you to recover the outstanding debt. This could result in additional costs, potential damage to your credit rating, and potential legal consequences. We strongly urge you to reconsider your current position and rectify this issue promptly to avoid any further escalation. We value the positive business relationship we have built with you over the years and sincerely hope that we can reach a resolution that benefits both parties. Please treat this matter with the utmost urgency and contact our accounts department at your earliest convenience to discuss the proposed withdrawal and possible payment arrangements. We remain committed to assisting you, provided a proactive and timely response is received. Thank you for your attention to this matter. Yours sincerely, [Your Name] [Your Title] [Company Name]