Why Send a Demand Letter?
Over 90% of legal actions are resolved before trial. A strong demand letter for payment or demand letter for breach of contract increases the chances that you’ll get what you want without going to court. With a properly drafted demand letter, you’ll show the other side that you’ve retained counsel and are serious about enforcing your legal rights.
Aside from potentially resolving your dispute, there are other reasons why it is important to send a demand letter. If you have to head to trial, you’ll want to make sure that the opposing party has assets to satisfy any judgment you may be awarded. Giving the opposing party notice of intent to sue in Ontario makes it more difficult for defendants to transfer any personal or business assets to attempt to avoid paying a judgment against them.