SAMPLE NOTICE OF SALE OF COLLATERAL [date] [debtor name] [debtor address] Dear [debtor name]: This is to notify you that in accordance with the Uniform Commercial Code on [date] ○XX the following collateral shall be sold at private sale: [list items to be sold] Collateral will be sold to [buyer's name] for $[sale price] . You will remain accountable for any deficiency resulting from this sale. In order to prevent this sale and redeem your collateral you must pay the entire amount due along with ...all other costs accrued in the collection of this debt. The balance due on your account is [total amount owed]. Payment must be by either cashier's or certified check. After this collateral is sold you will have no further opportunity to redeem this property. Sincerely
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