Subject: Urgent Notice — Account Delinquency and Proposed Withdrawal Dear [Client's Name], I hope this letter finds you well. We are writing to address an important matter regarding your account with [Your Company Name]. It has come to our attention that your account is currently delinquent, with an outstanding balance totaling [Amount Due]. As a valued client of ours, we have always strived to provide you with the best services and support possible. However, it is essential for both parties to fulfill their financial obligations in order to maintain a mutually beneficial relationship. Regrettably, despite multiple reminders, we have yet to receive payment or any communication regarding this overdue amount. We understand that unforeseen circumstances or temporary financial setbacks may occur, which can affect your ability to meet payment deadlines. If this is the case, we kindly request that you reach out to us immediately to discuss your situation. Our dedicated team is here to assist you in finding a mutually satisfactory solution. In light of the situation, we propose the following solution for settling your outstanding balance: 1. Payment Plan: We are prepared to work with you to create a customized payment plan that aligns with your financial capabilities. This could involve breaking down the outstanding amount into manageable installments over a defined period. Please get in touch with our Accounts Department at [Phone Number] or [Email Address] to initiate this process. It is important to note that failure to respond or make arrangements within the next [Time Frame: e.g., 14 days] may leave us with no choice but to pursue alternative steps to recover the debt owed, which may include legal action, collection agencies, or reporting to relevant credit bureaus. We genuinely hope it does not come to that and strongly urge you to take immediate action to resolve this matter swiftly. We value your partnership with us and want to continue serving you in the best possible way. However, your cooperation is vital to expedite the resolution process. Should you require any clarification or further assistance, please do not hesitate to reach out. Thank you for your prompt attention to this matter. We look forward to hearing from you soon. Sincerely, [Your Name] [Your Title/Position] [Your Company Name] [Your Contact Information: Phone Number, Email Address]