Results for tag: "Demand Letter"

A demand letter is a legal document sent by one party to another in order to initiate a resolution to a dispute. It is typically sent by a plaintiff to a defendant prior to filing a lawsuit. The letter outlines the facts of the dispute, the legal basis for the claim, and the amount of damages sought. It also serves as a warning that legal action may be taken if the dispute is not resolved. Demand letters are used in a variety of legal contexts, including contract disputes, personal injury claims, and consumer protection cases. They are also used in business disputes, such as breach of contract, intellectual property infringement, and unfair competition. The demand letter market is composed of legal professionals, such as attorneys and paralegals, who specialize in drafting and sending demand letters. Companies in the market include legal document preparation services, law firms, and online legal services. Show Less Read more