Posts tagged as:
by emily on June 23, 2012
DEMAND BY SECURED PARTY
FOR POSSESSION OF COLLATERAL
Date: _
To: _ (Debtor)
This is to guide you that you are in default under our security agreement dated _, 20_, for the below mentioned reason(s):
_
Accordingly, I demand that you surrender possession of the collateral to me at once as provided in the security agreement and Uniform Commercial Code.
Best Regards,
___________________________
Secured Party
Demand by Secured Party For Possession of Collateral
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by emily on June 4, 2012
Dear
It was a pleasure having the opportunity to meet with you yesterday to discuss the proposed loan on the ____.
After reviewing the alternatives you suggested, I believe that it would be best to collateralize this loan with (form of collateral)
I am instructing my assistant to prepare a package consisting of all necessary documents and to mail them to your attention today. I would be most appreciative if you would arrange to have the loan documents drawn as soon as possible, so that we can proceed further. I really wish to thank you for your cooperation in this matter and am looking forward to the continuance of a long and mutually beneficial relationship between us.
Collateral Decision Request For Preparation of Loan Documents
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