Notice of Default and Demand for Full Amount Due

This is an example of a letter demanding payment of unpaid debts. For more demand letters, see the Minnesota Demand Letters page.

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Demand for Full Amount Due Letter Template

[DATE]

[DEBTOR]
[STREET ADDRESS]
[CITY] [STATE] [ZIP]

Re: Loans in Default to [CLIENT]

Gentlemen:

I have been retained to represent [CLIENT] regarding three loan defaults.

This will serve as notice that you are in default of your loan obligations to [CLIENT] as follows:

  1. Loan #[XXXXX] – Principal & Interest was due on [DATE] in the amount of $[XXXX] ($[XXXX] principal and $[XXXX] interest)
  2. Loan #[XXXXX] – Principal & Interest was due on [DATE] in the amount of $[XXXX] ($[XXXX] principal and $[XXXX] interest). And interest on
  3. Loan #[XXXXX] – Interest was due on [DATE], in the amount of $[XXXX].

The total of the above, as of today, is $[XXXX].

As the above loans are in default, demand is hereby made for the full amount due. Failure to comply will result in [CLIENT] pursuing further legal action.

Very truly yours,

[ATTORNEY]