Debt Recovery Letter
The Debt Recovery Letter tool helps generate a formal debt recovery letter by gathering debtor details, debt specifics, and legal references. The AI processes this information to create a professional letter that communicates the debt and consequences of non-payment.
Table of Contents
- How It Works
- Debtor Information Inputs
- Debt Details Inputs
- Business Information Inputs
- Legal and Supporting Information Inputs
- Email and AI Configuration Inputs
- Support & Troubleshooting
1. How It Works
- User Input: You provide debtor information, debt details, and supporting business information.
- AI Processing: The AI generates a customised debt recovery letter based on the provided inputs.
- Delivery: The completed letter is sent to the email address provided.
2. Debtor Information Inputs
Debtor ID
- Enter the unique identifier for the debtor (e.g., 12345).
Debtor Name
- Enter the full name of the debtor (e.g., John Doe).
Debtor Address
- Enter the address of the debtor (e.g., 123 Elm Street, London, UK).
Debtor Phone
- Provide the debtor's phone number.
Debtor Email
- Enter the debtor's email address.
3. Debt Details Inputs
Debt Details
- Provide a description of the debt (e.g., Unpaid invoice #98765 for services rendered).
Total Amount Due
- Enter the total amount owed by the debtor (e.g., £1,500).
Currency
- Specify the currency in which the debt amount is stated (e.g., GBP).
Payment Deadline
- Enter the final date by which the debtor must pay the outstanding amount.
Payment Plans Offered
- Provide any available payment plan options (e.g., Monthly instalments of £500 over 3 months).
Payment Plan Details
- Provide further details about the payment plan (e.g., First instalment due by 30/09/2024).
4. Business Information Inputs
Business Name
- Enter the name of your business (e.g., Finance Solutions Ltd.).
Business Address
- Provide the address of your business (e.g., 456 High Street, Manchester, UK).
Business Phone
- Enter the business phone number.
Business Email
- Provide the business email address.
5. Legal and Supporting Information Inputs
Consequences of Non-Payment
- Enter the consequences if the debtor fails to pay (e.g., Legal action will be initiated if payment is not received by the deadline).
Legal References
- Provide any legal references that apply to the debt recovery (e.g., The debt recovery is in accordance with the Consumer Credit Act 1974).
Reference to Supporting Documentation
- Reference any supporting documentation (e.g., See invoice #98765).
6. Email and AI Configuration
Email Address for Delivery
- Provide the email address where the debt recovery letter will be sent.
Level of Creativity (AI Temperature)
- Adjust the AI creativity level. Higher values lead to more creative outputs, while lower values provide more predictable content.
Language
- Select the language for the generated letter (default: en-GB).
7. Support & Troubleshooting
If you experience any issues or need assistance, please contact our support team at support@flytask.com. We’re here to help ensure your debt recovery letter is generated accurately and delivered smoothly.