When companies and individuals do business together, they always sign a contract and they need to obey and follow all the clauses and terms of the contract. Due to any reason, if one company or an individual violates the agreement, the other company reserves the right to take a legal action against him. Before doing anything further, the person or company who violated the agreement is informed by a formal letter called legal action notice.
Brief Description of Legal Action Notice:
There are practically thousands of legal actions that one can take and the choice depends on each particular situation. When a company finds out that someone violated the agreement and as it terminates the contract, it also informs them about the legal action so that they can prepare for it. For example, when a bank finds out that a loaner won’t be able to make the monthly installments anymore, it sends the legal action notice to the loaner to inform him about the legal actions it will take in the future. Now the loaner can contact the bank in time so that they both can solve the issue without including court or the bank has the right to file a law suit against their client who is declared as a defaulter of the loan amount.
Elements of a Legal Action Notice:
- Name of the company or firm that is sending the notice
- Date when the notice was issued and sent
- Reference number of the notice
- Name of the company or individual who will receive the notice
- Details of the legal action that will be taken in the near future
- Reasons why the company wants to take the legal action
- Possible ways to resolve the issue out of the court (optional)
Purposes of a Legal Action Notice:
Sometimes even when a company is right on his side, court can’t hear the case because it didn’t inform the other company or party about the legal action and also didn’t provide them enough time to prepare themselves. This is the pretty basic purpose of this notice that the other party will be informed about the upcoming events and it will be prepared about the future possible situations.
Where to find a Legal Action Notice?
It is very obvious from the title that this notice is not like other common notices and it has to be prepared by a professional of law i.e. lawyer or an attorney. This is why you need to hire a lawyer who will help you out preparing this notice and he will also send the notice to the other party and assist you in the further situation in the future.
It is very common that most people can’t handle this kind of situation by themselves because they don’t have the enough knowledge of the local laws and regulations so you need to have a lawyer present in every meeting you have so that he can provide you guidelines and give you effective advice on time.
Here is preview of a Free Legal Action Notice Template created using MS Word,
Here is download link for this Legal Action Notice Template,