Glossary and Definitions
Final Legal Notice (New Zealand)
A Final Legal Notice, or Final Notice Before Legal Action, is a legal form sent to a party that has repeatedly failed to pay some money or balance owing. Essentially the letter states that the party must now pay within a specified time period, or face legal action or referral to a collection agency. Examples of parties you may wish to serve with a Final Legal Notice are customers, clients, suppliers, employers, employees, business partners, or others with whom you have done business.
This document serves several functions:
- It gives one last chance for the party to resolve the issue.
- It serves as a final warning before legal action is initiated.
- It may intimidate the other party into settling the matter before legal action commences.
The Final Notice Before Legal Action form may be used in a number of circumstances, such as debt recovery, recovery for a non-sufficient funds (NSF) check, or a breach of any other financial agreement between two parties. For more information about a Final Legal Notice, or to customize your own document, see below.