Demand For Payment Letter Style 74

Some States have a limit on the maximum amount you can claim through a Letter of Demand, ranging from $5,000 in Tasmania to $25,000 in Queensland. (See the table below for specific amounts in each State). The Demand Letter is the first time that the other will recognize that you are critical about accumulating the money that is due and that you will take it to a courtroom if the need arises. Anyone who wants their money back can take advantage of this. It will be taken into consideration as a proof of a bonafide try and settle the problem outside the courts. The Demand Letter is the first time that the other will recognize that you are critical about accumulating the money that is due and that you will take it to a courtroom if the need arises.

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