Salt Lake Utah Sample Letter for Settlement of Outstanding Bill of Deceased

• Category: Letters - Legal - Estates
• State: Multi-State
• County: Salt Lake
• Control #: US-0712LTR
• Format: Word; Rich Text

Description

Sample Letter for Settlement of Outstanding Bill of Deceased [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Settlement of Outstanding Bill of Deceased — [Deceased's Name] Dear [Recipient's Name], I hope this letter finds you well. I am reaching out on behalf of the estate of [Deceased's Name] to discuss the settlement of an outstanding bill. I understand that [Deceased's Name] had an outstanding balance with your company or organization. Furthermore, I want to assure you that we are committed to resolving this matter promptly and fairly. As the appointed executor of [Deceased's Name]'s estate, it is my responsibility to handle their financial affairs, including outstanding debts and liabilities. After conducting a thorough review of [Deceased's Name]'s financial records, I have discovered the outstanding bill referenced below: — [Type of bill/Invoice/Account Reference Number]: [Amount owed] — [Date of the bill]: [Description of the charges/transaction] — [Details of any previous attempts to collect payment] I understand the importance of settling this due balance, and I am eager to reach a mutually satisfactory resolution with your company. While I understand that the usual practice may involve pursuing legal actions or engaging collection agencies, I believe that an amicable settlement is in the best interest of both parties involved. Considering the circumstances, I am proposing the following settlement options: 1. Option 1: Lump Sum Payment — We are willing to provide a lump sum payment of [Proposed Settlement Amount], which represents a [Percentage] discount off the total outstanding amount. This payment will be made within [Settlement Timeline]. 2. Option 2: Installment Plan — Alternatively, we can arrange a mutually agreed-upon installment plan to settle the remaining balance. We propose making [Number of Installments] equal payments of [Proposed Installment Amount], with the first payment commencing on [Proposed Start Date]. Please understand that the estate's financial resources are limited, and we are acting in good faith to fulfill our obligations. However, we kindly request your understanding and flexibility in considering our proposed settlement options. We understand that your company or organization may require additional documentation or verification before proceeding with the settlement agreement. Therefore, please feel free to request any further information or documentation you may need to verify the claim. I kindly request that you respond to this letter within [Response Deadline], indicating your acceptance of one of the proposed settlement options or providing any alternative propositions you may have. We truly hope to resolve this matter amicably and avoid any unnecessary escalation or legal actions. Thank you for your attention to this matter. Should you have any questions or require further details, please do not hesitate to contact me at [Phone Number] or [Email Address]. I look forward to settling this matter and closing the outstanding account associated with [Deceased's Name]. Sincerely, [Your Name] [Your Title/Position (if applicable)] [Deceased's Name]'s Estate Executor

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Settlement of Outstanding Bill of Deceased — [Deceased's Name] Dear [Recipient's Name], I hope this letter finds you well. I am reaching out on behalf of the estate of [Deceased's Name] to discuss the settlement of an outstanding bill. I understand that [Deceased's Name] had an outstanding balance with your company or organization. Furthermore, I want to assure you that we are committed to resolving this matter promptly and fairly. As the appointed executor of [Deceased's Name]'s estate, it is my responsibility to handle their financial affairs, including outstanding debts and liabilities. After conducting a thorough review of [Deceased's Name]'s financial records, I have discovered the outstanding bill referenced below: — [Type of bill/Invoice/Account Reference Number]: [Amount owed] — [Date of the bill]: [Description of the charges/transaction] — [Details of any previous attempts to collect payment] I understand the importance of settling this due balance, and I am eager to reach a mutually satisfactory resolution with your company. While I understand that the usual practice may involve pursuing legal actions or engaging collection agencies, I believe that an amicable settlement is in the best interest of both parties involved. Considering the circumstances, I am proposing the following settlement options: 1. Option 1: Lump Sum Payment — We are willing to provide a lump sum payment of [Proposed Settlement Amount], which represents a [Percentage] discount off the total outstanding amount. This payment will be made within [Settlement Timeline]. 2. Option 2: Installment Plan — Alternatively, we can arrange a mutually agreed-upon installment plan to settle the remaining balance. We propose making [Number of Installments] equal payments of [Proposed Installment Amount], with the first payment commencing on [Proposed Start Date]. Please understand that the estate's financial resources are limited, and we are acting in good faith to fulfill our obligations. However, we kindly request your understanding and flexibility in considering our proposed settlement options. We understand that your company or organization may require additional documentation or verification before proceeding with the settlement agreement. Therefore, please feel free to request any further information or documentation you may need to verify the claim. I kindly request that you respond to this letter within [Response Deadline], indicating your acceptance of one of the proposed settlement options or providing any alternative propositions you may have. We truly hope to resolve this matter amicably and avoid any unnecessary escalation or legal actions. Thank you for your attention to this matter. Should you have any questions or require further details, please do not hesitate to contact me at [Phone Number] or [Email Address]. I look forward to settling this matter and closing the outstanding account associated with [Deceased's Name]. Sincerely, [Your Name] [Your Title/Position (if applicable)] [Deceased's Name]'s Estate Executor