COLLECTIONS DEMAND LETTER
State of Arizona
SECTION A: BUSINESS-TO-BUSINESS (B2B) COLLECTIONS
[LAW FIRM NAME / CREDITOR NAME]
[ADDRESS]
[CITY], Arizona [ZIP]
Tel: [TELEPHONE]
State Bar of Arizona No. [BAR NUMBER]
SENT VIA CERTIFIED MAIL, RETURN RECEIPT REQUESTED
[DATE]
[DEBTOR COMPANY NAME]
[ADDRESS]
[CITY, STATE ZIP]
Re: DEMAND FOR PAYMENT
Account Number: [NUMBER]
Total Amount Due: $[TOTAL]
Dear [RECIPIENT NAME]:
This firm represents [CREDITOR NAME] regarding your outstanding account. This constitutes FINAL DEMAND FOR PAYMENT.
I. STATEMENT OF ACCOUNT
| Invoice | Date | Amount | Balance |
|---|---|---|---|
| [#] | [DATE] | $[AMT] | $[BAL] |
| Principal | $[AMT] | ||
| Interest (10% per annum) | $[AMT] | ||
| TOTAL DUE | $[TOTAL] |
II. ARIZONA LAW PROVISIONS
Interest: Under A.R.S. section 44-1201, the legal rate is 10% per annum.
Attorney Fees: Under A.R.S. section 12-341.01, the prevailing party in a contract action may recover reasonable attorney fees. This exposure is significant.
Statute of Limitations: Written contracts: 6 years (A.R.S. 12-548); Oral: 3 years (A.R.S. 12-543).
Post-Judgment Remedies:
- Wage garnishment: 25% of disposable earnings (A.R.S. 12-1598)
- Bank account levy
- Property liens
- Sheriff's sale of non-exempt assets
III. DEMAND
Pay $[TOTAL] within [15/30] days to:
[PAYEE NAME]
[ADDRESS]
IV. CONSEQUENCES
Failure to pay will result in suit in Arizona Superior Court seeking judgment plus interest, attorney fees, and costs.
[LAW FIRM NAME]
By: _______________________________
[NAME], State Bar of Arizona No. [NUMBER]
SECTION B: BUSINESS-TO-CONSUMER (B2C) COLLECTIONS
FDCPA AND ARIZONA LAW COMPLIANCE REQUIRED
[DEBT COLLECTOR NAME]
[ADDRESS]
[CITY], Arizona [ZIP]
Tel: [TELEPHONE]
[DATE]
[CONSUMER NAME]
[ADDRESS]
[CITY], Arizona [ZIP]
Account Number: [NUMBER]
NOTICE OF DEBT
THIS COMMUNICATION IS FROM A DEBT COLLECTOR. THIS IS AN ATTEMPT TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
Amount of debt: $[AMOUNT]
Creditor: [CREDITOR NAME]
YOUR RIGHTS
Federal Rights (FDCPA):
- Dispute within 30 days for verification
- Request original creditor information within 30 days
Arizona Consumer Protections:
The Arizona Consumer Fraud Act (A.R.S. section 44-1521 et seq.) prohibits deceptive practices.
Arizona Exemptions from Execution:
- Homestead: $250,000 (A.R.S. 33-1101)
- Personal property: Various exemptions under A.R.S. Title 33
- 75% of disposable earnings protected from garnishment
☐ Time-Barred Debt Notice (if applicable):
The statute of limitations on this debt has expired. We will not sue you for this debt.
DISPUTE FORM
☐ I dispute this debt
☐ I request verification
☐ I request original creditor information
☐ Stop contacting me
Signature: _________________ Date: _________
[DEBT COLLECTOR NAME]