Date

NAME
ADDRESS 1
ADRESS 2

Dear NAME,
Please be informed that your outstanding account to date is P 301,180.00 ( three
hundred one thousand one hundred eighty pesos). Attached is the Statement of
Account for your reference. We have not received any payment which made your
account overdue and legally demandable.
We would like to provide you an opportunity to amicably discuss your account
and come up with a reasonable payment arrangement with us. Your failure to respond
means lack of good faith on your part to settle your obligation. Hence we will be
compelled to refer the case to our counsel for appropriate legal action.
Please do not hesitate to contact our Credit and Collection Office within five (5)
days from receipt of this letter at numbers XXX.
Kindly give this matter your preferential attention.
Thank you.

Very truly yours,

_____________________
CREDIT AND COLLECTION

Please disregard this letter if payment has already been made.