This form is a sample letter from a law firm to opposing counsel confirming the payment schedule of defendant.
[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Today's Date] [Recipient's Name] [Recipient's Position] [Company Name] [Company Address] [City, State, ZIP] Subject: Request for Payment Arrangements — Account Number: [Account Number] Dear [Recipient's Name], I hope this letter finds you well. I am writing to discuss the possibility of establishing a payment arrangement for my outstanding account with [Company Name]. I understand the importance of fulfilling my financial obligations, and I am committed to resolving this matter promptly. Furthermore, I recently encountered unexpected financial hardship due to [briefly explain your personal circumstances, such as loss of employment, medical expenses, or other relevant factors]. These circumstances have made it difficult for me to meet my financial obligations on time, including the payment of my account balance of [Specify the outstanding amount]. I am writing to propose a payment arrangement that would allow me to clear my debt while also ensuring that your company receives the full payment. After assessing my current financial situation, I believe I can meet my obligations by following the payment plan outlined below: Payment Plan: 1. Initial Payment: Due upon the acceptance of this proposal, I commit to making an initial payment of [Specify an amount you can pay immediately] towards the total balance. 2. Monthly Payments: Starting from [Specify the preferred start date], I propose making monthly payments of [Specify the proposed amount] over a period of [Specify the number of months]. 3. Method of Payment: I prefer to make these payments via [Specify your preferred payment method, such as online banking, check, or direct debit]. Please provide me with the necessary details regarding the payment process. By offering this repayment plan, I assure you that I will take the utmost responsibility in maintaining timely payments. However, should my financial situation improve sooner than expected, I will make an effort to settle the remaining balance in a lump sum. I kindly request your consideration of this proposal and ask for your assistance in helping me resolve this payment issue. I would greatly appreciate a written confirmation of this payment arrangement, which would provide me with the necessary documentation for future reference. Furthermore, I value our business relationship and want to demonstrate my commitment to resolving this matter amicably. If you have any questions or require additional information, please do not hesitate to contact me at the provided phone number or email address. Thank you for your attention to this matter, and I look forward to your prompt response. Yours sincerely, [Your Name][Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Today's Date] [Recipient's Name] [Recipient's Position] [Company Name] [Company Address] [City, State, ZIP] Subject: Request for Payment Arrangements — Account Number: [Account Number] Dear [Recipient's Name], I hope this letter finds you well. I am writing to discuss the possibility of establishing a payment arrangement for my outstanding account with [Company Name]. I understand the importance of fulfilling my financial obligations, and I am committed to resolving this matter promptly. Furthermore, I recently encountered unexpected financial hardship due to [briefly explain your personal circumstances, such as loss of employment, medical expenses, or other relevant factors]. These circumstances have made it difficult for me to meet my financial obligations on time, including the payment of my account balance of [Specify the outstanding amount]. I am writing to propose a payment arrangement that would allow me to clear my debt while also ensuring that your company receives the full payment. After assessing my current financial situation, I believe I can meet my obligations by following the payment plan outlined below: Payment Plan: 1. Initial Payment: Due upon the acceptance of this proposal, I commit to making an initial payment of [Specify an amount you can pay immediately] towards the total balance. 2. Monthly Payments: Starting from [Specify the preferred start date], I propose making monthly payments of [Specify the proposed amount] over a period of [Specify the number of months]. 3. Method of Payment: I prefer to make these payments via [Specify your preferred payment method, such as online banking, check, or direct debit]. Please provide me with the necessary details regarding the payment process. By offering this repayment plan, I assure you that I will take the utmost responsibility in maintaining timely payments. However, should my financial situation improve sooner than expected, I will make an effort to settle the remaining balance in a lump sum. I kindly request your consideration of this proposal and ask for your assistance in helping me resolve this payment issue. I would greatly appreciate a written confirmation of this payment arrangement, which would provide me with the necessary documentation for future reference. Furthermore, I value our business relationship and want to demonstrate my commitment to resolving this matter amicably. If you have any questions or require additional information, please do not hesitate to contact me at the provided phone number or email address. Thank you for your attention to this matter, and I look forward to your prompt response. Yours sincerely, [Your Name]
