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{{Consumer Law Guide TOC}}
 
{{Consumer Law Guide TOC}}
Suppose you loaned someone an amount of money. They promised to pay the debt within three months. But they did not pay the debt. You want your money. What can you do? This section of the booklet looks at what you can do to collect on a '''debt'''.
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Suppose you loaned someone an amount of money. They promised to pay the debt within three months. But they did not pay the debt.  
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You want your money. What can you do?  
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This section of the guide looks at what you can do to collect on a debt.
    
==How do I write a demand letter?==
 
==How do I write a demand letter?==
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You can write a demand letter that says how much the person owes you and tells them they must pay you. For example, a demand letter about a loan can say something like this:
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You can write a '''demand letter''', which is a letter that says how much the person owes you and tells them they must pay you. For example, a demand letter about a loan can say something like this:
    
<blockquote>''I am  writing about  a loan I made you  of'' ______________('''amount''') ''on'' ______________('''date of loan''')  ''for''  ______________('''purpose of loan'''). ''Our agreement was  that you would pay this loan in full by''  ______________('''date of repayment'''). ''To date, you  have not made any  payments. It has  now been'' ______________ ('''number of days''') ''since the  loan was due. The  full amount of''  ______________('''amount''') ''is now  due. If I do not receive payment in full by''  ______________('''give a date'''), ''I will take legal action to recover the  amount of the loan, as well as interest, filing fees, and  any other  costs. If you  have any  questions, please feel free to contact me at''______________  ('''your phone number''').</blockquote>
 
<blockquote>''I am  writing about  a loan I made you  of'' ______________('''amount''') ''on'' ______________('''date of loan''')  ''for''  ______________('''purpose of loan'''). ''Our agreement was  that you would pay this loan in full by''  ______________('''date of repayment'''). ''To date, you  have not made any  payments. It has  now been'' ______________ ('''number of days''') ''since the  loan was due. The  full amount of''  ______________('''amount''') ''is now  due. If I do not receive payment in full by''  ______________('''give a date'''), ''I will take legal action to recover the  amount of the loan, as well as interest, filing fees, and  any other  costs. If you  have any  questions, please feel free to contact me at''______________  ('''your phone number''').</blockquote>
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You can write a demand letter yourself or you can ask a lawyer to write it for you. A demand letter, sent on the lawyer’s letterhead is often very effective. If a demand letter does not work, you may need to go to court.
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You can write a demand letter yourself or you can ask a lawyer to write it for you. A demand letter sent on the lawyer’s letterhead is often very effective. If a demand letter does not work, you may need to go to court.
    
[[File:ConsumerLawGuidePage8.jpg|200px|thumb|right]]
 
[[File:ConsumerLawGuidePage8.jpg|200px|thumb|right]]
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