DATE

NAME OF DEBTOR
ADDRESS OF DEBTOR
Lot, Unit, House no., Street,
Brgy
City, Philippines
Zip Code

RE: BALANCE DUE

Dear Ms. Surname OR Sir/Madam:

This letter serves a formal notice to you on the matter of your non-payment of obligation.

You have an outstanding obligation in amount of PHPXXAMOUNTXX exclusive/inclusive of

interest and surcharges (IF ANY – PROVIDE COMPUTATION e.g. AN ADDITIONAL
AMOUNT OF 6%/X% will be added to the principal amount having a total sum of PHP
XXXX). Despite repeated demands, you failed and continuously fail to pay the aforesaid
amount.

Thus, FINAL DEMAND is hereby made upon you to settle the amount of PHP XXAMOUNTXX
within NUMBER OF DAYS IN WORDS (Number) DAYS from receipt of this letter. Otherwise,
We/I will exercise whatever rights and remedies available under the law to enforce such
payment, including but not limited to institution of legal proceedings against your person to
recover the above stated amount, as well as accrued interest and legal expenses.

We/I trust that you will give this matter a prompt and preferential attention to avoid the expense
and inconvenience of possible litigation. Looking forward to receiving your payment.

Yours truly,

YOUR NAME
Contact Details