You are a finance company. As a finance company, you provide car loan to your customer under a hire-purchase agreement. To provide more security for the car loan, you also ask your customer to provide a guarantor for the car loan. The car loan was released to pay for the car and the hirer took possession of the car. After a few months, the hirer defaulted on the payment of instalment for the car loan. As the hirer has defaulted , you then demanded payment of the car loan from the guarantor.
This precedent form for Letter of Demand is against the guarantor and is in Microsoft Word format.