Tag: response

Receiving a demand letter, especially from an attorney, is not a pleasant experience. Demand letters are used as a tactic to encourage a party to take (or refrain from) a particular action. For example, the sender may be asking you to pay a bill or repay a loan.   A demand letter can act as a starting point for settling a dispute. A demand letter can also serve as an ultimatum before the sender takes more serious action is taken. If the parties can’t come to an agreement after a demand letter is sent, the next step may be litigation.  What… ( Read Full Article… )