An official message sent to a borrower or a customer informing them of a past-due balance. The letter may include late charges, warnings of potential penalties for late repayment or non-repayment, or notification of possible legal action should the recipient fail to settle their account.
Related information about letter of collection:
- What is letter of collection? - BusinessDictionary.com
Definition of letter of collection: Written notification of the pending amounts, meant to prod past-due customers to make a payment. Collection letters are sent ...
- What is letter of collection? - InvestorWords.com
Definition of letter of collection: An official message sent to a borrower or a customer informing them of a past-due balance. The letter may include late charges, ...
- What is LETTER OF COLLECTION? - The Law Dictionary
Definition of LETTER OF COLLECTION: Past-due customer prodding tool, urging the laggard to make a payment. Typically issued one after another. Tone and ...
- What is COLLECTION LETTER? - The Law Dictionary
Do not confuse this with a letter of collection.t This letter accompanies a demand draft or time draft with shipping and other collection documents.
- Collection Letters... or letter of collection usually sent in a series.
Collection letters are usually sent as a sequence of progressively sterner letters, threatening serious consequences if the addressee does not settle the unpaid ...
- Definition of a Collection Letter | eHow.com
Business Dictionary: Letter of Collection · Privacy Rights Clearinghouse: Debt Collection Practices · Entrepreneur: Make Effective Use of Your Collection Letter ...
- collection and taxonomy of shallow water marine organisms
All collections will be conducted under the conditions of the NCI's Letter of Collection, which is provided with the RFP. Where necessary, the Government will ...
- Model Letter of Collaboration between the Developmental - WIPO
LETTER OF COLLECTION. The Developmental Therapeutics Program ("DTP"), Division of Cancer Treatment and Diagnosis ("DCTD"), National Cancer Institute ...