An IOU template which is also known as an “I Owe You,” is a document which contains information about the debt owed by an individual or any other entity to another party. Creating an IOU note is an easy and simple solution in situations where two parties want to document a transaction they made without […]
When composing a collection letter template, you need to follow several steps. Also, it’s important to include appropriate language to provide your customers with a formal notice that they owe a debt. Typically, you would have to send more than a single debt collection letter before you need to seek help from a professional collection […]
Late rentals have always been an issue for landlords. Tenants either give their payments late or may not be paying at all. The tenants could have several reasons for such late payments. It will be up to the discretion of the landlord if the tenant can stay or not. In any case, the landlord will […]
A demand letter is an official letter which makes a demand to the recipient. When someone receives such a letter, he also received a legal obligation. The person needs to resolve an issue such as acting on a contract they agreed upon. You may even give a demand letter for money owed to someone who […]
Have you ever heard of the snowball method? It’s a way of planning steps you’ll take in order to pay off your debt. In order to do this method, you’ll need a debt snowball worksheet and a debt snowball calculator.