Fill and Sign the Sample Letter Insufficient Funds Form

Instruction: This is a model letter. Adapt to fit your facts and circumstances. DATE NAME VIA FACSIMILE NO.       ADDRESS LINE 1 ADDRESS LINE 2 CITY , STATE ZIP CODE Re:       vs.       Dear       : Please be advised that       recently submitted two checks to my client, both of which were returned for insufficient funds. Please inform your client that he needs to redeem these NSF checks with cash or certified funds within three business days or my client intends to turn these checks over to the       County District Attorney. Also, I apologize for being so long in getting back to you regarding the issue of the Promissory Note and Deed of Trust. My client had serious questions concerning your client's ability to repay the amounts and their priority position. These return checks have done nothing to convince my client that       is either willing or in a position to bring his account current. Under the present situation, my client would only be willing to work a payment plan with       if he agrees to pay one/half of the outstanding balance by       with the remaining one/half to be paid in four monthly installments beginning       , which payments would be evidenced by a Promissory Note bearing interest at the rate of 10% and secured by a Deed of Trust on the property as previously discussed. Please let me know your client's positions regarding these matters as soon as possible. Sincerely,       BY:             :       pc: