ContractCentral.com » Credit & Collection » First Letter to Collect from Guarantor

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Includes instructions, free checklist. Supported file types: Word, Works, PDF, RTF. Compatible with Mac, Windows, and Linux.

First Letter to Collect from Guarantor

Collecting money is more a sales function than anything else. This is especially true in your first contact with the other side. In this case, this is the first direct letter to the Guarantor, giving them the bad news that they may have to come through and pay the debt for the party they guaranteed it for.

Since you only have one chance to make a first impression, it is important to use it wisely here. You have substantial legal leverage with a guarantee to back up any threats you wish to make later.

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