Subject: New Mexico Sample Letter for Reinstatement Agreement Executed to Bring Account Current Dear [Account Holder's Name], We hope this letter finds you well. Recently, we have noticed that your account with [Company Name] has fallen behind on its payments. However, we value our relationship with you and would like to offer you the opportunity to bring your account current through a reinstatement agreement. A reinstatement agreement is a mutually beneficial arrangement that allows you to clear your outstanding balance while continuing to benefit from our products/services. By executing this agreement, we aim to provide a solution that will help resolve any financial difficulties you may be experiencing, ensuring the continuity of our business relationship. To execute a New Mexico Sample Letter for Reinstatement Agreement, please review the terms and conditions outlined below: 1. Payment Options: Select a payment plan that suits your financial situation from the provided options. We understand that circumstances vary, and we strive to accommodate your needs as much as possible. 2. Settlement Amount: Based on your current outstanding balance, we have prepared a settlement amount that will encompass both the principal amount and any applicable fees. This figure has been calculated by considering any previous discussions or negotiations held regarding your account. 3. Payment Due Date: Please make your initial payment by the specified due date stated in this letter. Failure to comply may result in the cancellation of the reinstatement agreement and may lead to further actions to recover the outstanding balance. 4. Future Payments: Moving forward, regular monthly payments will be required to maintain the account in good standing. Ensure to make payments on or before the due dates mentioned on the payment schedule attached to this letter. 5. Terms and Conditions: Please carefully review the enclosed reinstatement agreement document and ensure that you fully understand all the terms and conditions outlined. Should you have any questions or concerns, please do not hesitate to contact our customer service department for clarification. By executing this New Mexico Sample Letter for Reinstatement Agreement, you will provide us with the opportunity to work together in find a resolution to your account's delinquency. We firmly believe that through open communication and a commitment to honoring this agreement, we can reinstate your account and help restore your financial stability. We encourage you to contact our dedicated customer service team at [Phone Number] or [Email Address] to discuss any aspects of this letter, seek further information, or request assistance in executing the agreement. Furthermore, we are here to support you throughout this process and answer any questions you may have. Thank you for your attention to this matter, and we look forward to a positive resolution. Sincerely, [Your Name] [Your Title] [Company Name]