The 15 Day Demand Letter is a formal debt collection instrument used within the Canadian legal framework when previous attempts to collect payment have been unsuccessful. This document serves as a final formal notice before the creditor pursues legal action through the court system. It must comply with various provincial and federal regulations governing debt collection practices, including the Collection and Debt Settlement Services Act and relevant consumer protection legislation. The letter typically includes specific details about the debt, payment instructions, and a clear statement of the consequences if payment is not received within the 15-day timeframe. This document is particularly important as it establishes a formal record of the demand for payment and can be used as evidence in subsequent legal proceedings. The 15-day period is considered a reasonable timeframe under Canadian law for the debtor to either make payment arrangements or respond to the demand.

1. Sender Information: Full legal name, address, and contact information of the creditor or their representative

2. Recipient Information: Full legal name and address of the debtor

3. Date: Current date of the demand letter

4. RE: Line: Clear subject line identifying the purpose as a demand for payment

5. Debt Details: Specific amount owed, origin of the debt, and date(s) when the debt was incurred

6. Payment Demand: Clear statement of the amount demanded and the 15-day deadline for payment

7. Payment Instructions: Detailed information on how and where to make the payment

8. Legal Consequences: Statement of intended legal action if payment is not received within 15 days

9. Closing: Formal closing, signature line, and name/title of sender