Translate This Blog

Home » , » Notice of Private Sale of Collateral letter Template

Notice of Private Sale of Collateral letter Template







[l-Date]

To:
[r-Name]
[r-Company]
[r-Address]

From:
[s-Name]
[s-Company]
[s-Address]
[s-Phone]

RE: [s-Reference]

Dear [r-FName]:

This letter constitutes written notice that after [s-ConsDate], the undersigned shall sell at private sale the following collateral:

[s-Description]

Collateral will be sold to [s-Buyer] for the sum of [s-CheckAmount].

You will be held liable for any deficiency resulting from said sale.

You may redeem the collateral by paying the amount due and accrued costs of foreclosure at any time prior to the time of sale.

Best regards,


__________________________________
Name of Secured Party


__________________________________
Signature of Secured Party


__________________________________
Address of Secured Party