This has reference to my letter dated (Date) demanding for the payment of the total amount of P300,000.00 representing your non-payment of your obligation to my client XYZ Financial Services, Inc.
It is legally presumed that by this time you have received the letter aforementioned; however, up to now, you did not respond positively.
Your silence would mean refusal to my client's legitimate demand; henceforth, for the last time, I am giving you the last opportunity to pay the unpaid obligation directly to my client's office. Otherwise, with no option, you can hear us from the court.
We write in behalf of our client, XYZ Financial Services, Inc., the matter of your non-payment of your obligation.
Records disclose that you have an outstanding obligation with our client in the amount of Php 300,000.00 inclusive of interest and surcharges. Despite repeated demands, you failed and continuously fail to pay the aforesaid amount.
Accordingly, FINAL DEMAND is hereby made upon you to settle the amount of Php 300,000.00 within FIFTEEN (15) days from receipt of this letter. Otherwise, we will be constrained to file the necessary legal action against you to protect the interest of our client.
We trust that you will give this matter your prompt and preferential attention to avoid the expense and inconvenience of litigation.
