The 10 Day Demand Letter For Bad Check is a critical legal instrument used in Nigerian business and financial transactions when a check payment has been dishonored. This document becomes necessary when a check is returned due to insufficient funds, account closure, or other reasons, and serves as a formal demand for payment as required by Nigerian law. The letter must be sent before initiating legal proceedings under the Dishonoured Cheques (Offences) Act and other relevant Nigerian banking regulations. It typically includes specific details about the dishonored check, clear payment instructions, and a warning about potential legal consequences if payment is not made within the 10-day period. This document is particularly important as it establishes a paper trail for potential legal proceedings and demonstrates the creditor's attempt to resolve the matter before pursuing court action.

1. Recipient Details: Full name and address of the check issuer (debtor)

2. Date: Current date of the demand letter

3. Subject Line: Clear identification as a demand letter for dishonored check

4. Check Details: Specific information about the dishonored check including check number, date, amount, and bank details

5. Formal Demand: Clear statement demanding payment within 10 days as per Nigerian law

6. Legal Consequences: Statement of legal actions that will be taken if payment is not received within the specified timeframe

7. Payment Instructions: Clear instructions on how and where to make the payment

8. Sender Details: Full name, contact information, and signature of the demand letter sender