Year End Collection Letter Sample

Are you looking for a Year End Collection Letter Sample to help you communicate effectively with clients or customers who owe you money? Look no further! In this article, we will provide you with examples of Year End Collection Letter Samples that you can use and modify as needed to suit your specific needs.

Identifying the Need for Year End Collection Letter Sample

As the end of the year approaches, many businesses find themselves needing to collect outstanding debts or payments from clients or customers. Sending a Year End Collection Letter can be an effective way to remind recipients of their obligations and encourage them to settle their accounts before the end of the year. Here are some common pain points that a Year End Collection Letter Sample can address:

• Unpaid invoices or bills
• Overdue payments
• Delinquent accounts
• Outstanding balances

Example of Year End Collection Letter Sample

Dear [Recipient’s Name],

I hope this letter finds you well. As we approach the end of the year, I wanted to bring to your attention the outstanding balance on your account with [Company Name]. According to our records, your account is currently past due in the amount of [Amount Due].

We understand that circumstances may have prevented you from settling this balance earlier, and we are here to work with you to find a solution. We kindly request that you make payment on your account before the end of the year to avoid any additional fees or penalties.

If you have any questions about your account or need assistance in making a payment, please do not hesitate to contact our customer service team at [Phone Number] or [Email Address]. We are committed to helping you resolve this matter in a timely and amicable manner.

Thank you for your attention to this matter. We value your business and look forward to continuing our partnership in the future.

Sincerely,

[Your Name]