How do you write a repossession letter?

Answer by  Petalmaker1 (263)

Dear Sir/Madam, Unfortunately, due to the fact that you have failed to pay your monthly installments on this motor car, I have no other option but to have it repossessed. I trust you will comply and take this in good faith. Yours faithfully.

Answer by  Dee52 (88)

A repossession letter should be professional and clearly written. You should include account numbers, plan of action and contact information. You should also provide a list of action that has already been taken, for example, when and how you tried to make contact in the past.