Subject: Franklin Ohio Sample Letter for Reinstatement Agreement Executed to Bring Account Current Dear [Recipient's Name], I hope this letter finds you well. I am writing to discuss the execution of a reinstatement agreement to bring your account current with [Company/Organization Name]. As a valued customer, we truly appreciate your association with us and would like to find a mutually beneficial solution to bring your account back on track. At [Company/Organization Name], we understand that unforeseen circumstances can sometimes affect our ability to make timely payments. In an effort to assist you, we have designed the following reinstatement agreement options: 1. Partial Payment Plan: If making a full payment immediately is not feasible, you can opt for a partial payment plan. Under this arrangement, we request that you submit a partial payment by [deadline date]. We are committed to working with you to set up a flexible payment schedule for the remaining balance. Once the partial payment is received, your account will be considered current, and any late fees or penalties may be waived, subject to review. 2. Revised Payment Schedule: Alternatively, we understand that a lump sum payment may not be viable for you at this time. In such cases, we can modify the existing payment schedule to suit your financial situation. Please contact our customer service representatives at [phone number] so that we can discuss your circumstances and find a revised payment plan that works for both parties. 3. Payment Extensions: If you need a temporary extension for making payments, we may be able to grant you this flexibility. However, we request that you provide a realistic timeline to ensure that your account can be brought current within a reasonable period. Please keep in mind that the extension may be subject to approval after careful consideration of your account history. 4. Other Considerations: If you believe that none of the above options align with your current financial situation, please contact us at [phone number] to discuss alternative options. We are committed to finding solutions that meet your specific needs, while ensuring compliance with our guidelines. It is essential to act promptly to prevent any adverse consequences. We encourage open communication, so please reach out to us at your earliest convenience to facilitate the swift resolution of your account issues. We value your continued patronage and sincerely hope that we can work together to resolve any outstanding matters. Your satisfaction and financial wellness remain our primary objectives. Thank you for your attention to this matter, and we look forward to hearing from you soon. Best regards, [Your Name] [Your Title/Position] [Company/Organization Name] [Contact Information: Phone Number, Email Address]