Demand Letter for Payment of Consultancy Fees

Document Type: DOCX

Number of Pages: 2

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Summary

A Demand for Payment of Consultancy Fees Demand Letter is a formal written notice sent by a consultant or consultancy firm to a client who has failed to pay agreed fees for professional services rendered.

Key Components:
1. Sender and Recipient Details
2. Reference to the Consultancy Agreement
3. Description of the Work Done
4. Amount Owed
5. Reminder of Payment Obligations
6. Demand for Immediate Payment
7. Consequences of Non-Compliance
8. Reservation of Rights Clause
9. Formal Closing and Signature

The purpose of this letter is to:
1. Formally remind the client that they owe outstanding consultancy fees.
2. Demand payment for services already delivered as per the terms of the consultancy agreement.
3. Warn the client that legal proceedings will be initiated if the payment is not made within a specified time frame.
4. Preserve evidence for future legal action by showing that the consultant made reasonable efforts to recover the debt amicably.
5. Maintain professionalism while asserting the consultant’s legal rights to payment.

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Disclaimer: This document is not to be taken as legal advise.

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