This form is a sample letter from a law firm to opposing counsel confirming the payment schedule of defendant.
Texas Sample Letter for Payment Arrangements: Dear [Creditor's Name], I am writing to discuss the possibility of setting up a payment arrangement for the outstanding balances on my account. Due to unforeseen financial difficulties, I am unable to make the full payment at this time. However, I am committed to resolving this matter and would appreciate your cooperation in finding a mutually satisfactory solution. I understand the importance of meeting my financial obligations and want to ensure that I fulfill my responsibilities. Therefore, I propose a payment arrangement that would allow me to make regular installments towards the outstanding balance. I believe this would be a viable option that benefits both parties involved. As per my financial assessment, I am currently experiencing temporary financial hardship due to [explain the reasons briefly, such as job loss, medical expenses, or a significant life event]. I have taken steps to address these challenges and have every intention of repaying my debt. I kindly request your assistance in granting me an extension [choose a specific time frame, e.g., six months or one year] to make the necessary arrangements. Based on my calculations, I propose to pay [EX amount] per month until the debt is settled in full. I assure you that this payment plan suits my current income and expenses, and it allows me to meet my other financial obligations as well. In order to solidify this agreement, I would appreciate a formal written agreement stating the terms and conditions of the payment arrangement. I believe having everything documented will ensure clarity and prevent any misunderstandings in the future. I am open to discussing any adjustments or alterations to the payment plan that you may find appropriate. If you have any additional requirements or would like to discuss this matter further, please feel free to contact me at [your contact number] or via email at [your email address]. Thank you for your understanding and considering my request for a payment arrangement. I genuinely value our business relationship and hope that together we can find a resolution that satisfies both parties. Yours sincerely, [Your Name] Different types of Texas Sample Letters for Payment Arrangements may include: 1. Texas Sample Letter for Payment Arrangements — Medical Bills 2. Texas Sample Letter for Payment Arrangements — Income Tax Debt 3. Texas Sample Letter for Payment Arrangements — Student Loan Debt 4. Texas Sample Letter for Payment Arrangements — Credit Card Debt 5. Texas Sample Letter for Payment Arrangements — Mortgagrepaymentnnnnnnnnt.nt
