Subject: Collection of amount outstanding amount on your home loan
Respected Mr. Hayden,
This letter is in regards to the amount outstanding on your home loan with account number 45678. We would request you to make the payment as soon as possible as there has been default in making payment since last three months.
You had taken a home loan from our client Standard Home Loans on 10th of June 2011. But since the month of November our client did not receive any payment from your end so your account has been transferred to us for collections. We would request you to make at least the minimum payment of $1000 by 20th of February 2012.
If you agree then we can send an executive to you for collections else we will have to file a legal complaint against you.
Max Well Collection Agency
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