Document background
The Unpaid Invoice Past Due Collection Letter is a critical business document used when standard invoice payment terms have been exceeded and previous payment requests have been unsuccessful. This document is specifically tailored to comply with South African legal requirements, including provisions from the National Credit Act, the Debt Collectors Act, and the Prescribed Rate of Interest Act. It serves as a formal final notice before pursuing legal action, typically sent after regular invoicing and reminder processes have failed. The letter must include specific elements required by South African law, such as accurate debt information, payment terms, and consequences of non-payment. It's an essential tool in the accounts receivable process, particularly when dealing with persistent non-payment issues, and can be used as evidence in subsequent legal proceedings if necessary.
