Florida Sample Letter for Request for Payment Plan concerning Default

• Category: Letters - Legal - Bankruptcy
• State: Multi-State
• Control #: US-0799LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Debtor's Name] [Debtor's Address] [City, State, ZIP] Subject: Request for Payment Plan concerning Default Dear [Debtor's Name], I hope this letter finds you in good health. My purpose in writing to you today pertains to the outstanding account we have with you. After reviewing the account records, it has come to my attention that you are currently in default of your payment obligations. However, I believe that we can work together to find a feasible solution to fulfill the outstanding payment. Considering our longstanding business relationship [or specify the nature of the relationship], I sincerely wish to resolve this matter amicably and avoid any further legal intervention or adverse consequences for either party. To that end, I kindly request your cooperation in establishing a payment plan that will allow you to gradually settle the amount owed. Given your financial circumstances, I propose the following payment plan: 1. Total Amount Owed: $[insert total amount owed] 2. Monthly Installment: $[insert proposed monthly installment] 3. Starting Date: [insert proposed starting date] 4. Duration of Plan: [insert proposed duration, e.g., number of months] 5. Payment Method: [specify the acceptable payment methods, e.g., check, bank transfer] To move forward with this arrangement, I request an immediate response from you. If you agree to the proposed payment plan, we can work out the necessary details and put it in writing for both parties' clarity and protection. It is essential to commence the payment plan without delay to avoid any further complications. Please be aware that failure to reach an agreement or failure to adhere to the agreed-upon payment plan may result in the initiation of legal actions and potential collection efforts, which could harm your credit history and increase the costs associated with resolving this matter. If you require any further information or would like to discuss this matter further, please do not hesitate to contact me at [your phone number] or email me at [your email address]. I am open to considering any reasonable modifications to the proposed payment plan. Thank you for your attention to this matter. I trust that we can resolve this issue swiftly and amicably. I look forward to your prompt response to initiate the payment plan. Sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Debtor's Name] [Debtor's Address] [City, State, ZIP] Subject: Request for Payment Plan concerning Default Dear [Debtor's Name], I hope this letter finds you in good health. My purpose in writing to you today pertains to the outstanding account we have with you. After reviewing the account records, it has come to my attention that you are currently in default of your payment obligations. However, I believe that we can work together to find a feasible solution to fulfill the outstanding payment. Considering our longstanding business relationship [or specify the nature of the relationship], I sincerely wish to resolve this matter amicably and avoid any further legal intervention or adverse consequences for either party. To that end, I kindly request your cooperation in establishing a payment plan that will allow you to gradually settle the amount owed. Given your financial circumstances, I propose the following payment plan: 1. Total Amount Owed: $[insert total amount owed] 2. Monthly Installment: $[insert proposed monthly installment] 3. Starting Date: [insert proposed starting date] 4. Duration of Plan: [insert proposed duration, e.g., number of months] 5. Payment Method: [specify the acceptable payment methods, e.g., check, bank transfer] To move forward with this arrangement, I request an immediate response from you. If you agree to the proposed payment plan, we can work out the necessary details and put it in writing for both parties' clarity and protection. It is essential to commence the payment plan without delay to avoid any further complications. Please be aware that failure to reach an agreement or failure to adhere to the agreed-upon payment plan may result in the initiation of legal actions and potential collection efforts, which could harm your credit history and increase the costs associated with resolving this matter. If you require any further information or would like to discuss this matter further, please do not hesitate to contact me at [your phone number] or email me at [your email address]. I am open to considering any reasonable modifications to the proposed payment plan. Thank you for your attention to this matter. I trust that we can resolve this issue swiftly and amicably. I look forward to your prompt response to initiate the payment plan. Sincerely, [Your Name]