Document background
The 30 Day Demand Letter is a crucial pre-litigation document in Singapore's legal framework, typically used when previous informal attempts to collect payment have failed. It represents a formal step in debt recovery, giving the debtor a final opportunity to settle before court proceedings commence. The document must be carefully drafted to comply with Singapore's legal requirements, including proper identification of parties, clear statement of the debt, and specific payment terms. This formal notice helps establish evidence of attempted collection and can strengthen the creditor's position if litigation becomes necessary. When properly executed, a 30 Day Demand Letter can often prompt payment without the need for court intervention, saving time and legal costs for all parties involved.
