Demand for Payment on Guarantees

Demand for Payment on Guarantees



Contact Name
City, State/Province
Zip/Postal Code


OBJECT: Demand for Payment on Guarantee


Dear [Contact name],

This is to notify you that [Name of debtor] is currently in default under its obligations to [Name of company] in the amount of [Amount owed] as of [Default date].

In accordance with the terms and conditions of your Guaranty dated [Date guaranty executed], you are responsible in full for all obligations of [Debtor]. Demand is hereby made for payment in full of said amount, which payment must be received by us by a cashier’s check by [Deadline date], at the following address:

[Address L2]
[City, State Zip]

In the event we do not receive full payment from you by the required date, we will proceed to commence legal proceedings against you under your Guaranty and will additionally assess you legal fees and costs for such legal proceedings, as provided to us by the Guaranty.

If you have any questions, call the undersigned immediately at [Undersigned’s telephone number].

Govern yourself accordingly.




Your name
Your title
(800) 123-4567
[email protected]

By |2017-06-19T05:19:29-04:00June 19th, 2017|Business And Legal Forms, Collection, Reference|0 Comments

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