This is an example of a payoff letter used in a syndicated loan transaction. This payoff letter (including the defined terms such as Lenders,.Offers reduced payment plan for up to 6 months due to financial hardship. Acceptable forms of payment: personal check, cashier's check, money order, American Express, Discover, Mastercard and Visa. The IRS is willing to work with eligible consumers who've fallen behind on their taxes. Learn how to settle your IRS tax debt with an offer in compromise.