This form is a sample letter from a law firm to opposing counsel confirming the payment schedule of defendant.
Dear [Recipient], I hope this letter finds you well. I am writing to discuss payment arrangements for the outstanding balance on my account with [Company Name]. Due to unforeseen circumstances, I am currently experiencing financial difficulties that have made it challenging for me to make full payment at this time. Before delving into the specific payment arrangements that I would like to propose, let me first provide you with a brief overview of Puerto Rico, a captivating island in the Caribbean region. Puerto Rico, often referred to as the "Island of Enchantment," is an unincorporated territory of the United States. Located in the northeastern Caribbean Sea, this vibrant destination boasts stunning beaches, rich cultural heritage, and a diverse landscape that includes tropical rainforests and magnificent mountain ranges. Now, turning our attention to the matter at hand, I sincerely appreciate your patience and understanding as I work towards resolving my financial obligations. As a responsible individual, I believe it is essential to address any outstanding debts promptly. Therefore, I would like to propose the following payment arrangements: 1. Lump-Sum Payment: While I understand that it might not be feasible for me to settle the entire outstanding balance in one payment, I can offer a significant lump-sum payment to demonstrate my commitment to resolving this matter. This payment will be made on [specific date] and will cover a substantial portion of the total amount due. 2. Installment Plan: To further facilitate the clearing of my debt, I would like to suggest an installment plan. This plan involves dividing the remaining balance into equal monthly payments spread over [desired duration, e.g., six months]. I believe this arrangement will help me manage my finances more effectively while ensuring regular payments towards the outstanding balance on my account. 3. Late Fee Waiver: In light of the circumstances, I kindly request your consideration in waiving any late fees or penalties associated with my account. This would alleviate some financial burden and allow me to focus on actively repaying the principal amount owed. It is my sincere hope that you will find these proposed arrangements acceptable. I would be grateful if you could review my request promptly and inform me of your decision. If necessary, I am more than willing to provide any additional documentation or information to support my case. I value my relationship with [Company Name], and I remain committed to settling my account in a mutually beneficial manner. Thank you for your attention to this matter, and I look forward to your positive response. Yours sincerely, [Your Name]Dear [Recipient], I hope this letter finds you well. I am writing to discuss payment arrangements for the outstanding balance on my account with [Company Name]. Due to unforeseen circumstances, I am currently experiencing financial difficulties that have made it challenging for me to make full payment at this time. Before delving into the specific payment arrangements that I would like to propose, let me first provide you with a brief overview of Puerto Rico, a captivating island in the Caribbean region. Puerto Rico, often referred to as the "Island of Enchantment," is an unincorporated territory of the United States. Located in the northeastern Caribbean Sea, this vibrant destination boasts stunning beaches, rich cultural heritage, and a diverse landscape that includes tropical rainforests and magnificent mountain ranges. Now, turning our attention to the matter at hand, I sincerely appreciate your patience and understanding as I work towards resolving my financial obligations. As a responsible individual, I believe it is essential to address any outstanding debts promptly. Therefore, I would like to propose the following payment arrangements: 1. Lump-Sum Payment: While I understand that it might not be feasible for me to settle the entire outstanding balance in one payment, I can offer a significant lump-sum payment to demonstrate my commitment to resolving this matter. This payment will be made on [specific date] and will cover a substantial portion of the total amount due. 2. Installment Plan: To further facilitate the clearing of my debt, I would like to suggest an installment plan. This plan involves dividing the remaining balance into equal monthly payments spread over [desired duration, e.g., six months]. I believe this arrangement will help me manage my finances more effectively while ensuring regular payments towards the outstanding balance on my account. 3. Late Fee Waiver: In light of the circumstances, I kindly request your consideration in waiving any late fees or penalties associated with my account. This would alleviate some financial burden and allow me to focus on actively repaying the principal amount owed. It is my sincere hope that you will find these proposed arrangements acceptable. I would be grateful if you could review my request promptly and inform me of your decision. If necessary, I am more than willing to provide any additional documentation or information to support my case. I value my relationship with [Company Name], and I remain committed to settling my account in a mutually beneficial manner. Thank you for your attention to this matter, and I look forward to your positive response. Yours sincerely, [Your Name]
