Reminder

A reminder is a formal request to pay an outstanding debt. For example, if you fail to pay a bill for a service, the provider may send you a reminder to prompt you to settle the amount owed. This reminder may include deadlines by which payment should be made.

For residents in Germany or Austria, it is important to know that a reminder is usually necessary before legal actions can be taken. According to § 286 of the BGB, you are required to pay after receiving a reminder to be considered in default. Common mistakes include ignoring reminders or failing to respond in time. It is advisable to pay attention to the deadlines in the reminder and respond promptly to avoid additional costs.

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