You are a finance company and you are in the business of granting hire-purchase loan for motor vehicle. Your customer entered into a hire-purchase agreement with your finance company. The agreement stated that you agreed to let and your customer agreed to hire a motor vehicle by monthly instalments of $900 each. Your customer failed to pay the monthly instalment of $900 and you demanded payment of the outstanding sum and possession of the motor vehicle.
This precedent form for Letter of Demand is in Microsoft Word format.