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Late Payment Dispute Letter
"I need a Late Payment Dispute Letter for my construction company to send to a contractor who has failed to pay MYR 250,000 for completed works, with the original payment due on March 15, 2025, and we want to include statutory interest charges as per Malaysian law."
1. Recipient Details: Full name, title, and address of the recipient, including company name if applicable
2. Reference Line: Clear reference to invoice numbers, contract numbers, or account details
3. Subject Line: Clear indication that this is a formal payment dispute notice
4. Opening Statement: Brief introduction identifying the sender and the purpose of the letter
5. Debt Details: Specific details of the outstanding payment including original amount, due date, and current balance
6. Payment History: Brief summary of any partial payments made and current outstanding balance
7. Legal Basis: Reference to relevant contract terms or legal obligations regarding payment terms
8. Interest Calculation: Details of any applicable late payment interest charges
9. Demand for Payment: Clear statement of the amount demanded and deadline for payment
10. Closing Statement: Statement of intended action if payment is not received by the specified deadline
1. Previous Communications: Summary of previous attempts to resolve the payment dispute, used when there has been prior correspondence
2. Impact Statement: Description of how the late payment has affected business operations, used when emphasizing the urgency of the matter
3. Payment Plan Option: Proposed payment plan terms, included when willing to accept structured payments
4. Dispute Resolution Process: Outline of proposed dispute resolution steps, included when complex disputes require structured resolution
5. Without Prejudice Save as to Costs: Legal disclaimer to be added when the letter includes settlement proposals
1. Statement of Account: Detailed breakdown of all invoices, payments, and current outstanding balance
2. Interest Calculation Schedule: Detailed calculation of late payment interest charges
3. Copy of Original Invoice(s): Copies of all relevant unpaid invoices
4. Payment History Log: Chronological record of all payments and attempted collections
5. Relevant Contract Excerpts: Copies of contract sections pertaining to payment terms and late payment penalties
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Accounts Receivable
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Finance Manager
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Company Secretary
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