1234, Main Street
Boston, MA 02123
04 April, 2005
<Recipient Address Goes Here>
Re: Account No. <account number>
Please be advised that due to the delinquent status of the above-referenced account, we will be forced to repossess the <item to be repossessed> which was financed under this account. While we would much prefer to simply receive payment from you, your lack of payment leaves us no choice but to pursue repossession.
If you would like to avoid the embarrassment and hassle of a repossession, and a subsequent negative report on your credit rating, please contact us immediately or mail a payment in the amount of <$amount>. If we have not heard from you within <number of days you’re allowing> days from the date of this notice, we will have no choice but to order the repossession of the <item to be repossessed>.
We hope to hear from you soon.
encl: <List of enclosed items goes here>