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  1. Copilot Answer
    Doctemplates.net
    https://www.doctemplates.net › collection-letter-samples

    30 Effective Debt Collection Letter …

    • The account receivable reportis one of the key financial reports one should always be keen on. It includes the information on all the unpaid customer invoices, including the invoice amount, date, du… See more

    Dos

    Keep it professional
    Assume that the customer will make the payment
    Attempt to call the customer before sending them the fir… See more

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    Don’ts

    Don’t use harsh words
    Don’t harass the customer
    Don’t send them text messages
    Don’t communicate to them via social media links… See more

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    Offer Early Discount Payments

    The best way to mitigate payment collection issues is by offering the customers an incentive when they make their payment on time. This can be anywhere between 1-5% and genera… See more

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    Request Deposits Upfront

    Even though it might sound a little awkward at first, asking the customers to make a deposit before providing them the goods and/or services is more common than you might think… See more

    Doctemplates.net
    What is a collection letter template?
    Collection letter templates cover the four types of collection letters you may send to a debtor to request payment on an overdue bill. These include the first, second, third, and final collection letters. If the reader responds to the first collection letter template, you may not need to send the second one.
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