NOTICE TO GUARANTOR: PAYMENT DEMANDED
NOTICE TO GUARANTOR: PAYMENT DEMANDED
[DATE, ex. Wednesday, June 11, 1998]
[NAME, COMPANY AND ADDRESS, ex.
John Smith
XYZ Inc.
1234 First Street
Suite 567
Anycity, Anystate 85245]
Dear [NAME, ex. John Smith],
Regretfully, unfortunate circumstances have caused us to write this letter to you.
We are the holder of your guaranty of [NAME, ex. Joe Johnson]’s debt to us in the amount of $[AMOUNT]. Enclosed, please find a copy of your guaranty. Since payment on said debt is in default, we must demand that you, as guarantor of said debt, fully pay the outstanding debt due in the amount of $[AMOUNT].
Sincerely,
[YOUR NAME, ex. Jill Jones]
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