This form is a sample letter from a law firm to opposing counsel confirming the payment schedule of defendant.
Subject: Request for Payment Arrangements — South Dakota Dear [Recipient's Name], I hope this letter finds you in good health. I am writing to discuss the possibility of establishing a payment arrangement for the outstanding balance on my account with [Your Company/Organization Name]. As a responsible resident of South Dakota, I believe in fulfilling my financial obligations, and I am proactive in finding suitable solutions to meet my commitments. I have carefully reviewed my financial situation and analyzed my expenses, and it has become evident that I am unable to make the full payment in one installment at this time. However, I am committed to making regular payments in order to settle the remaining balance. Considering the unique circumstances we find ourselves in, I kindly request your understanding and cooperation in this matter. I propose the following payment arrangement to demonstrate my commitment towards resolving this outstanding balance: 1. Payment Amount: I propose to make monthly payments of [Specify Amount] starting from [Desired Start Date] until the complete balance is settled. 2. Preferred Payment Method: Please advise whether you would prefer the payments to be made via check, money order, electronic transfer, or any other preferred method. 3. Payment Schedule: I kindly request your assistance in determining the appropriate payment schedule, such as monthly, bi-monthly, or any other alternative arrangement that would be mutually acceptable. 4. Payment Duration: I understand the importance of resolving this balance promptly. Therefore, I would appreciate your guidance on estimated duration for the payment arrangement, considering the amount owed. As a loyal customer/client/member of your organization, I value our relationship and hope that this request for a payment arrangement will be granted with favorable terms. I want to emphasize that I am genuinely committed to fulfilling my financial obligations, and this request is a testament to my responsible approach to resolving this matter. I kindly request you to review my proposal and provide your written consent by [Date]. Moreover, I would appreciate any specific instructions or documents required to proceed with this arrangement. Please note that, as a resident of South Dakota, I am aware of state regulations surrounding payment arrangements and will ensure compliance with any applicable laws. I wholeheartedly believe that by working together, we can find an equitable solution that allows me to settle my outstanding balance without straining my financial situation further. You're understanding, flexibility, and support in this matter are highly appreciated. Thank you for your prompt attention to this request. Should you have any questions or require additional information, please feel free to reach out to me at [Your Phone Number] or [Your Email Address]. Looking forward to a positive resolution and continued cooperation. Yours faithfully, [Your Full Name] [Your Address] [City, State, ZIP] [Date]
