Transcription of EFFECTIVE DEMAND LETTERS - NACM
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2018 Bell Nunnally & Martin LLP. All Rights R E NL . HA R T, PA R T N E RBE L LNU N N A L L Y& MA R T I NLLP3 2 3 2 MCKI N N E YAVE. , STE. 1 4 0 0DA L L A S, TE X A S7 5 2 0 4 ( 2 1 4 ) 7 4 0-1444K A R E N H@B E L L N U N N A L L O MEFFECTIVEDEMANDLETTERS: SECURINGPAYMENT& AVOIDINGLIABILITY 2018 Bell Nunnally & Martin LLP. All Rights LETTERS ..Why Bother ..Take TimeCost $$WHY? 2018 Bell Nunnally & Martin LLP. All Rights Ask and you shall receive .. Sometimes Increase chances of payment, if:oClear oConcise oSupportedoCall to action oDeadline oUltimatum May be required by law or contract 2018 Bell Nunnally & Martin LLP. All Rights Demonstrate: oConfidenceoOrganizationoCommitment Apply pressure Strong reminder you are not going away Goal: Attention = Payment/Settlement 2018 Bell Nunnally & Martin LLP. All Rights Contracts Credit Application Promissory Note Security Agreement Lease or Rental Agreement All amendments, modifications Invoices and Statements of Account Communications to/from Debtor All correspondence Account notes Documentation Re: Defenses / Excuses Your file Organized, chronological 2018 Bell Nunnally & Martin LLP.
•Fair Debt Collection Practices Act, 15 U.S.C. § 1692 (the “FDCPA”): o Applies to debt for personal, family, or household purposes o Requires certain disclosures in demand letters and prevents ... o Commercial/Consumer –risk defamation/libel, interference with
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