This document discusses collection letters, which are written to collect overdue payments from debtors. It provides details on the components, features, and types of collection letters. The key aspects covered include listing the parties involved, using a formal letter head, stating the case, and explaining the next steps if payment is not received. Examples of collection letter types discussed are reminder, appeal, and ultimatum letters.

2. Name: Muhammad Shabbir
Roll Number: 12
Program: BS-Commerce (2nd semester)
Quaid-E-Azam College of Commer
University Of Peshawar

4. What is collection letter
Component of collection letter
Features of collection letter
How to write a collection letter
Types of collection letter
Examples of collection letter

5. Letters written for realizing payments from the debtors.
Collection letter are written to persuade the customer.
Collection letter are sent sent usually one after
another,with the tone and language getting more direct with
each successive letter,until atleast some payment is received.

6. FORMAL LETTER HEAD
STATE YOUR CASE
LIST ALL PAYMENTS
EXPLAIN THE NEXT STEPS
REQUIRE A SIGNATURE

7.  Parties involved:
 Series of letter:
 Objective:
 Governing principle:
 Referring the previous letter:

8.  Threat for legal action:
 Sent through registered post:
 Language:

9. You will also learn what actions you can take before turning an
overdue account over to a collection agency.
Do not suggest in any collection letter that the customer might
be dissatisfied with the product.
The point of the collection letter is always to collect the money
that is owed.
A new type of collection letter is sent each time you escalate
your demand for payment.

10. The Reminder Collection Letter
The Appeal Collection Letter
The Ultimatum Collection Letter
Credit Collection Form Letters
The Inquiry Collection Letter