Ensure Legal Compliance with Online Signature Lawfulness for Termination Letter in Australia

How to eSign a document: online signature lawfulness for Termination Letter in Australia

hi i'm ian richardson and i'm one of the attorneys here at van attorneys today i'm going to be talking about demand letters and whether you should send one or not the first question that i get is what is a demand letter and really it's exactly what it sounds like it's a letter that we send on our clients behalf demanding that some other party do something we can be asking the other party to pay money we can be asking another party to stop doing something it really just depends on the situation there are certainly pros and cons associated with sending a demand letter the pros are that they're inexpensive and perhaps the biggest pro associated with the demand letter is that in certain cases it's required by statute that you send a demand to the other party inviting them to pay the balance due to you before you enforce an attorney's fees provision in your contract so in that case we really have no choice but it's important to send a demand letter it's also a beneficial practice because it can get the debtor talking which is really important that you actually start that conversation in an inexpensive way compared to a lawsuit the cons associated with sending a demand letter is that they're often ignored i'd say that three quarters of mine never get responded to it somewhat slows down the process but you get to control in general how much time you give the other side to respond and some debtors just view a demand letter as an invitation to string you along so they'll reach out to us but they really have no intention of actually paying you i would say that the effectiveness of a demand letter in large part depends on the debtor and what the situation is but in most cases it never really hurts to at least try sending a demand letter to the other side if you'd like to explore sending a demand letter to someone i'd be happy to talk with you about it [Music]