This form is a sample letter from a law firm to opposing counsel confirming the payment schedule of defendant.
Dear [Recipient's Name], I hope this letter finds you well. I am writing to discuss payment arrangements for the outstanding balance on my account. I understand the importance of fulfilling my financial responsibilities and want to address this matter promptly. Firstly, let me familiarize you with Montgomery, Maryland, a vibrant city located in Montgomery County. It serves as the county seat and is situated near the northwest border of Washington, D.C. Montgomery boasts a rich history, diverse culture, and a thriving economy. Home to approximately 110,000 residents, it offers a blend of urban amenities and suburban tranquility. Montgomery is renowned for its excellent schools, beautiful parks, and various outdoor recreational opportunities. Now, coming to the payment arrangements, I regret to inform you that due to unforeseen circumstances, I am currently unable to make the full payment in one lump sum. However, I am committed to settling the debt owed to you and propose the following alternatives: 1. Installment Plan: I request permission to pay off the remaining balance in monthly installments over a specified period. This arrangement would alleviate the burden of a single large payment and allow for steady progress towards the complete resolution of my financial obligations. 2. Deferred Payments: If possible, I propose deferring a portion of the payment until a future date when my financial situation is expected to improve. This option would provide temporary relief while ensuring my commitment to paying the outstanding balance is met. 3. Lump Sum Settlement: Considering the nature of my financial hardship, I may be able to offer a lump sum payment that is less than the total amount owed. This arrangement would provide you with a faster resolution while relieving me of the remaining debt. I kindly ask you to review my proposal and consider which option is most suitable for both parties. It is my sincere desire to maintain a positive business relationship with your organization while addressing my financial obligations responsibly. Please indicate your acceptance of the proposed arrangement by signing a copy of this letter and returning it to me via the enclosed self-addressed envelope. Alternatively, feel free to contact me at the provided phone number or email address to discuss any concerns or to propose alternative arrangements if necessary. Thank you for your understanding and willingness to work with me during this challenging time. I look forward to your prompt response, and I am confident that together, we can find a suitable solution. Warm regards, [Your Name] [Your Address] [City, State, ZIP] [Phone Number] [Email Address]Dear [Recipient's Name], I hope this letter finds you well. I am writing to discuss payment arrangements for the outstanding balance on my account. I understand the importance of fulfilling my financial responsibilities and want to address this matter promptly. Firstly, let me familiarize you with Montgomery, Maryland, a vibrant city located in Montgomery County. It serves as the county seat and is situated near the northwest border of Washington, D.C. Montgomery boasts a rich history, diverse culture, and a thriving economy. Home to approximately 110,000 residents, it offers a blend of urban amenities and suburban tranquility. Montgomery is renowned for its excellent schools, beautiful parks, and various outdoor recreational opportunities. Now, coming to the payment arrangements, I regret to inform you that due to unforeseen circumstances, I am currently unable to make the full payment in one lump sum. However, I am committed to settling the debt owed to you and propose the following alternatives: 1. Installment Plan: I request permission to pay off the remaining balance in monthly installments over a specified period. This arrangement would alleviate the burden of a single large payment and allow for steady progress towards the complete resolution of my financial obligations. 2. Deferred Payments: If possible, I propose deferring a portion of the payment until a future date when my financial situation is expected to improve. This option would provide temporary relief while ensuring my commitment to paying the outstanding balance is met. 3. Lump Sum Settlement: Considering the nature of my financial hardship, I may be able to offer a lump sum payment that is less than the total amount owed. This arrangement would provide you with a faster resolution while relieving me of the remaining debt. I kindly ask you to review my proposal and consider which option is most suitable for both parties. It is my sincere desire to maintain a positive business relationship with your organization while addressing my financial obligations responsibly. Please indicate your acceptance of the proposed arrangement by signing a copy of this letter and returning it to me via the enclosed self-addressed envelope. Alternatively, feel free to contact me at the provided phone number or email address to discuss any concerns or to propose alternative arrangements if necessary. Thank you for your understanding and willingness to work with me during this challenging time. I look forward to your prompt response, and I am confident that together, we can find a suitable solution. Warm regards, [Your Name] [Your Address] [City, State, ZIP] [Phone Number] [Email Address]
