This form is a sample letter from a law firm to opposing counsel confirming the payment schedule of defendant.
[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Request for Payment Arrangements Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to discuss a matter regarding payment arrangements for my outstanding balance in regard to [mention the purpose of the debt, e.g., medical services, loan, rent, etc.]. Firstly, I would like to express my sincere apologies for the delay in remitting the full payment promptly. I understand the importance of honoring financial responsibilities, and I take full responsibility for the delay in clearing my outstanding dues. I have thoroughly reviewed my current financial situation and regretfully, I am experiencing temporary financial hardship due to [mention the reason for the financial difficulties, e.g., unexpected medical expenses, loss of employment, etc.]. Despite this setback, I am fully committed to resolving my financial obligations and clearing the remaining balance as soon as possible. To demonstrate my dedication to repayment, I propose the following payment arrangement: 1. Payment Plan: I intend to settle the outstanding balance by making monthly payments towards the debt. I request your cooperation in considering the following monthly payment amount: [state the proposed amount]. This amount reflects what I can reasonably afford without compromising my other essential financial obligations. 2. Duration of Repayment: Considering my financial circumstances, I kindly request to extend the repayment duration to [mention the desired length of the repayment period, e.g., 6 months, 12 months, etc.]. This extension will allow me to meet my obligations without undue financial strain. 3. Mode of Payment: I am open to using the payment method that is most convenient for both parties. Please provide me with instructions on how to proceed, whether it be through checks, electronic funds transfer (EFT), or any other preferable method. I assure you that these proposed payment arrangements are realistic and feasible within my current financial limitations. I genuinely value our business relationship and aim to settle my outstanding balance within the agreed-upon terms. Furthermore, I kindly request your favorable consideration of this payment arrangement proposal. If you have any concerns, or if you require additional information or documentation, please do not hesitate to contact me at [your phone number] or [your email address]. I am open to discussing any modifications that may better suit both parties involved. Thank you for your understanding and cooperation in this matter. I look forward to your positive response and resolving this issue as soon as possible. Your prompt attention to this request will be greatly appreciated. Yours sincerely, [Your Name][Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Request for Payment Arrangements Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to discuss a matter regarding payment arrangements for my outstanding balance in regard to [mention the purpose of the debt, e.g., medical services, loan, rent, etc.]. Firstly, I would like to express my sincere apologies for the delay in remitting the full payment promptly. I understand the importance of honoring financial responsibilities, and I take full responsibility for the delay in clearing my outstanding dues. I have thoroughly reviewed my current financial situation and regretfully, I am experiencing temporary financial hardship due to [mention the reason for the financial difficulties, e.g., unexpected medical expenses, loss of employment, etc.]. Despite this setback, I am fully committed to resolving my financial obligations and clearing the remaining balance as soon as possible. To demonstrate my dedication to repayment, I propose the following payment arrangement: 1. Payment Plan: I intend to settle the outstanding balance by making monthly payments towards the debt. I request your cooperation in considering the following monthly payment amount: [state the proposed amount]. This amount reflects what I can reasonably afford without compromising my other essential financial obligations. 2. Duration of Repayment: Considering my financial circumstances, I kindly request to extend the repayment duration to [mention the desired length of the repayment period, e.g., 6 months, 12 months, etc.]. This extension will allow me to meet my obligations without undue financial strain. 3. Mode of Payment: I am open to using the payment method that is most convenient for both parties. Please provide me with instructions on how to proceed, whether it be through checks, electronic funds transfer (EFT), or any other preferable method. I assure you that these proposed payment arrangements are realistic and feasible within my current financial limitations. I genuinely value our business relationship and aim to settle my outstanding balance within the agreed-upon terms. Furthermore, I kindly request your favorable consideration of this payment arrangement proposal. If you have any concerns, or if you require additional information or documentation, please do not hesitate to contact me at [your phone number] or [your email address]. I am open to discussing any modifications that may better suit both parties involved. Thank you for your understanding and cooperation in this matter. I look forward to your positive response and resolving this issue as soon as possible. Your prompt attention to this request will be greatly appreciated. Yours sincerely, [Your Name]
