Fulton Georgia Sample Letter to Client - Failure to pay account and proposed withdrawal

• Category: Letters - Legal - Client Relations
• State: Multi-State
• County: Fulton
• Control #: US-0520LTR
• Format: Word; Rich Text

Description

Sample Letter to Client - Failure to pay account and proposed withdrawal Subject: Urgent Notice — Failure to Pay Account and Proposed Withdrawal Dear [Client's Name], I hope this letter finds you in good health and high spirits. We appreciate your continued support and trust in our services. Unfortunately, I must bring to your attention the overdue balance on your account with our company. It has come to our attention that despite multiple reminders and notices, the outstanding amount of [Amount due] has not been cleared as of the date of this letter. Your prompt attention to this matter is greatly appreciated, as it is essential for the sustainability of our business relationship. We understand that unforeseen circumstances may have caused this temporary setback, and we are willing to work with you to resolve the matter. To address this issue, we propose the following withdrawal method, taking into consideration your convenience and financial standing: Option 1: Partial Payment with Extended Timeline We suggest paying a partial amount of the outstanding balance and extending the repayment period. This can help alleviate the immediate financial burden while ensuring both parties are committed to resolving the debt. Please note that revised payment terms will be discussed and formalized upon your agreement to this option. Option 2: Installment Plan We propose setting up a viable installment plan, allowing you to settle the outstanding balance in smaller, regular payments over an agreed-upon timeframe. This option provides flexibility and ensures the gradual resolution of the account, facilitating a smoother financial arrangement between our companies. Option 3: Settlement Agreement Alternatively, we are open to discussing a settlement agreement where a mutually agreeable discounted amount is accepted as full and final settlement of the account. This option enables a quicker resolution, and upon successful payment, we will consider the matter fully closed. Please note that should the outstanding balance remain unpaid, we may have no choice but to escalate the matter to our legal department, which could result in additional costs and potential legal action. We believe it is in our mutual interest to resolve this matter promptly and amicably. Included with this letter, please find an updated account statement reflecting the outstanding balance and detailed information on the proposed withdrawal options. We kindly request you to carefully review the provided information and choose the most suitable option. It is essential to communicate your decision within [set a reasonable time frame] to avoid any unnecessary complications. We value your partnership and appreciate your prompt attention to this matter. If you have any queries or concerns, or if you wish to discuss an alternative arrangement, please do not hesitate to contact our dedicated accounts department at [Contact Information]. Thank you for your understanding and cooperation in resolving this matter. We look forward to continuing our mutually beneficial business relationship. Sincerely, [Your Name] [Your Position] [Your Company Name] [Your Contact Information] Keywords: Fulton Georgia, sample letter, failure to pay, account, proposed withdrawal, overdue balance, outstanding amount, repayment, partial payment, extended timeline, installment plan, settlement agreement, legal action, updated account statement, communication, queries, concerns, accounts department, cooperation.

Subject: Urgent Notice — Failure to Pay Account and Proposed Withdrawal Dear [Client's Name], I hope this letter finds you in good health and high spirits. We appreciate your continued support and trust in our services. Unfortunately, I must bring to your attention the overdue balance on your account with our company. It has come to our attention that despite multiple reminders and notices, the outstanding amount of [Amount due] has not been cleared as of the date of this letter. Your prompt attention to this matter is greatly appreciated, as it is essential for the sustainability of our business relationship. We understand that unforeseen circumstances may have caused this temporary setback, and we are willing to work with you to resolve the matter. To address this issue, we propose the following withdrawal method, taking into consideration your convenience and financial standing: Option 1: Partial Payment with Extended Timeline We suggest paying a partial amount of the outstanding balance and extending the repayment period. This can help alleviate the immediate financial burden while ensuring both parties are committed to resolving the debt. Please note that revised payment terms will be discussed and formalized upon your agreement to this option. Option 2: Installment Plan We propose setting up a viable installment plan, allowing you to settle the outstanding balance in smaller, regular payments over an agreed-upon timeframe. This option provides flexibility and ensures the gradual resolution of the account, facilitating a smoother financial arrangement between our companies. Option 3: Settlement Agreement Alternatively, we are open to discussing a settlement agreement where a mutually agreeable discounted amount is accepted as full and final settlement of the account. This option enables a quicker resolution, and upon successful payment, we will consider the matter fully closed. Please note that should the outstanding balance remain unpaid, we may have no choice but to escalate the matter to our legal department, which could result in additional costs and potential legal action. We believe it is in our mutual interest to resolve this matter promptly and amicably. Included with this letter, please find an updated account statement reflecting the outstanding balance and detailed information on the proposed withdrawal options. We kindly request you to carefully review the provided information and choose the most suitable option. It is essential to communicate your decision within [set a reasonable time frame] to avoid any unnecessary complications. We value your partnership and appreciate your prompt attention to this matter. If you have any queries or concerns, or if you wish to discuss an alternative arrangement, please do not hesitate to contact our dedicated accounts department at [Contact Information]. Thank you for your understanding and cooperation in resolving this matter. We look forward to continuing our mutually beneficial business relationship. Sincerely, [Your Name] [Your Position] [Your Company Name] [Your Contact Information] Keywords: Fulton Georgia, sample letter, failure to pay, account, proposed withdrawal, overdue balance, outstanding amount, repayment, partial payment, extended timeline, installment plan, settlement agreement, legal action, updated account statement, communication, queries, concerns, accounts department, cooperation.