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The Debt Recovery Letter of Demand is a crucial document in Indonesian business practice, used when formal attempts to collect outstanding payments are required. It serves as a final warning before initiating legal proceedings and is typically issued after informal payment requests have been unsuccessful. The document must comply with Indonesian legal requirements, particularly the Civil Code (Kitab Undang-undang Hukum Perdata) and relevant banking regulations. It should clearly state the outstanding amount, payment deadline, and potential legal consequences of non-payment. This type of demand letter is commonly used in various business contexts, from simple commercial transactions to complex financial arrangements, and can be issued by both individuals and corporations seeking to recover debts.

1. Sender Details: Full legal name, address, and contact information of the creditor or their authorized representative

2. Date: The formal date of the demand letter

3. Recipient Details: Full legal name and address of the debtor

4. Subject Line: Clear indication that this is a formal demand for payment

5. Debt Details: Specific details of the outstanding debt including principal amount, interest, late fees if applicable, and the original agreement reference

6. Payment History: Brief summary of previous payments made and outstanding balance

7. Formal Demand: Clear statement of demand for payment, including the total amount due

8. Payment Deadline: Specific deadline for payment (typically 7-14 days under Indonesian practice)

9. Payment Instructions: Clear instructions on how and where to make the payment

10. Legal Consequences: Statement of legal actions that may be taken if payment is not received by the deadline

11. Closing: Formal closing statement and signature block