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Late Payment Collection Letter Series FAQs
What is a Late Payment Collection Letter?
This letter politely but firmly notifies a third party that they are late in paying your company. The letter requests that the third party pays what is owed.
What's included in a Late Payment Collection Letter?
This document contains the right legal language you need to make sure third parties know that they owe you money, and that that you know it. It also lets the third parties know of the consequences if they do not pay.
Why is this different than a template?
Templates aren’t customized. They offer generic language that may or may not fit your company. You have to do all the work to make the document work for your circumstances.
In contrast, SixFifty’s document automation dynamically chooses the language your business needs based on answers to our question flow. As you go through the guided questions, our backend system builds your fully customized document just like a law firm would.
The result? A superior customized document you can feel comfortable knowing is up-to-date and written by a world-class legal team.
Why do I need a Late Payment Collection Letter?
For companies that are owed money, this letter can help you politely but firmly request that the amount is paid. You can ramp the intensity of the letter up or down depending on how strong you want the message to be.
How many times can I create my Late Payment Collection Letter?
Once you create an account you will be able to start the question and answer flow.
If you need to stop at anytime you can return to the question and answers by logging back into your account. Once you complete your document, you will not be able to start the questions over again.
If you need to re-download your finished document you can come back to your account and resend the Word file to your email.
What format does the Late Payment Collection Letter come in?
You will receive your finished document in a Word format for easy editing.
What makes SixFifty better?
Built by legal experts
Powered by world-renowned Wilson Sonsini, SixFifty prides itself on quality.
Documents are created in Microsoft Word to allow for maximum flexibility.
Our team of top lawyers actively watch and monitor changes in the law to update documents.
Unlike traditional outside counsel, you can create your documents 24/7.