Dear [Creditor's Name], I am writing to you today regarding my outstanding debt with your company. I am a resident of Contra Costa County, California and I have been facing financial hardships that have made it difficult for me to meet my financial obligations. Contra Costa County, located on the eastern side of the San Francisco Bay Area, is a vibrant and diverse community known for its beautiful landscapes, bustling cities, and thriving economy. Despite the region's opportunities, many residents, including myself, have been affected by unexpected circumstances that have put a strain on our financial well-being. Due to unforeseen circumstances [provide a brief overview of your financial hardship], I have found myself unable to meet the full payment obligations of my debt. However, I am committed to resolving this matter and regaining my financial stability. As a result, I am requesting a compromise on my debt to alleviate some of the financial burden I am currently facing. I understand that negotiating a compromise may not be an ideal situation for both parties involved. However, I believe that reaching a mutually beneficial agreement can be a fair solution considering my current financial circumstances. I propose to make a compromised lump sum payment, lower than the total owed, to settle the debt in full. By accepting this offer, your company would benefit from receiving a partial payment of the debt while avoiding the lengthy and costly process of pursuing legal actions or engaging in debt collection activities. This proposal would allow me to satisfy my debt and successfully move towards rebuilding my financial stability and honoring my obligations. I kindly request that you carefully consider my proposal and respond to me in writing within [insert a reasonable timeframe, e.g., 30 days]. If my proposal is acceptable, I am prepared to make the agreed-upon payment promptly. I would also appreciate if you could provide me with written confirmation that the debt has been settled, ensuring there will be no further collection efforts. I would like to express my sincere desire to resolve this matter amicably and appreciate your understanding of my financial situation. If you have any questions or need further information regarding my request or my current circumstances, please do not hesitate to contact me at [your contact details]. Thank you for your attention to this matter, and I hope we can come to a compromise that satisfies both parties involved. I eagerly await your prompt response. Sincerely, [Your Name]
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.