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Demand Letters

A demand letter is a document sent by a plaintiff or their attorney to the defendant in a civil lawsuit. The demand letter sets out the facts of the case, the legal basis for the plaintiff's claims, and the specific damages sought. Continue Reading Below

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Discover the definition of financial terms related to demand letters.

Demand Letter: Definition, Process, And Legal Implications Thumbnail

Demand Letter: Definition, Process, And Legal Implications

Dan Agbo

Income effect explained: How it works, examples, and implications Thumbnail

Income effect explained: How it works, examples, and implications

Abi Bus

About Demand Letters

A demand letter is a document sent by a plaintiff or their attorney to the defendant in a civil lawsuit. The demand letter sets out the facts of the case, the legal basis for the plaintiff's claims, and the specific damages sought. The purpose of a demand letter is to persuade the defendant to settle the case without the need for a trial.