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You are here: Home / Letter Writing / Business Letter / Legal Notice for Non-Payment of Loan Installment

Legal Notice for Non-Payment of Loan Installment

Posted By Compulsory English Leave a Comment

Shine Finance company,

58 Guildford Rd

East Helmsdale

KW8 2GF

9th August 2020

Henry A Burns

104 Old Edinburgh Road

BELAUGH

NR12 5QB

Dear Henry,

Sub- Legal Notice for Non-payment of Loan Installment.

Ref- Loan A/c No. 000056789

Notice is being sent to you for the non-payment of previous three installments on your loan as mentioned in the reference. The loan was taken for the purchase of Car in the month of March 2020 and after paying two installments, you have not paid rest of the installments till today.

If you do take appropriate action against your due with in 15 days from this notice we will be bound to take legal action against you. The legal action can result in confiscation of mortgaged property and penalty as per the law for defaulting.

Thank You,

Sincerely,

Shine Finance company.

Filed Under: Business Letter, Letter Writing

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  • Changing Sentences
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