We’ve prepared a bundle of letter templates to be used in general business situation. Feel free to use them with our compliments. However we ask that you do not reproduce these templates on any medium for public display or re-sale.
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NOTICE OF PRIVATE SALE OF COLLATERAL
Date: _
To: _ [Debtor]
You are hereby notified that after _, 20 _, the undersigned shall sell at private sale the following Collateral:
[Describe]
Said collateral shall be sold to _, [Buyer] for the amount of $_. You will be held liable for any deficiency resulting from said sale.
You may redeem this property by paying the amount due and accrued costs of foreclosure at any time prior to the time of sale.
Very truly,
______________________________
Secured Party
© R. P. Emery & Associates – www.rpemery.com
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