Demand note

DEMAND NOTE

Our ref.

JUNGU ATTORNEYS

P.o Box

Dar Es Salaam.

RE: DEBT REPAYMENT TO: ----------------------

            Kindly refer the above and be informed that we are acting for and behalf of our client ---- of ------

            Be notified that the sum of Shs……….. which you owe our client last fell due for payment on -------------,being the last date on which you underlook to make good the whole sum still outstanding.

            Be informed that default in making good the outstanding sum is breach of the loan transaction for which recovery and collection measures attach, that is, in respect of the principal plus interest at commercial rates.

            Be further notified that your persistent default to pay our client has also carried with it a demeanour which is incompatible with honesty and suggestive of criminal scheming on your part.

            Now, be hereby notified that we are under instruction to demand from you, as we hereby do, that in seven days from the date of service of this demand letter upon you, you should deposit the whole sum of Shs……….. plus interest at the rate of ----, p.a  running from -------- when the debt was first contracted, to date, with JUNGU ATTORNEYS. Failure to comply as herein demanded shall be visited with prompt legal sanctions and at your cost.

            Be further informed that as your attendant demeanour is inconsistent with honesty, we shall, upon expiry of the notice period, and without any further notice, also initiate prosecution for obtaining money by false pretences.

You are so demanded

Yours faithfully

DRAWN BY;

JUNGU ATTORNEYS

P.O.Box 00000

DAR ES SALAAM TANZANIA.