ACCOUNT_JOB_COMPANY

ACCOUNT_JOB_ADDRESS_SINGLE_LINE

To [Name of the Addressee]

 

[Address]

25 December 2024

 

Dear [Title] ,

Thank you for your letter dated [Date] asking for immediate payment of the CURRENCY IMMEDIATE_PAYMENT due on my account number ACCOUNT_NUMBER

Or

This is regarding the outstanding balance of CURRENCY IMMEDIATE_PAYMENT on my account number ACCOUNT_NUMBER.

I can confirm that I am unable to pay the money which I owe in full. REASON 

I would like to propose a settlement of $SETTLEMENT_AMOUNT as full and final payment for the debt. I'm also attaching my financial statements for your reference in support of my settlement offer.

In exchange, I request that you [specify your requests, such as removing missed payments from your credit report, marking the account as "Paid in Full" or "Paid as Agreed" with all credit bureaus, etc.]. Additionally, I ask that I be released from any further liability related to this account.

Should you accept this proposal, I kindly request that you send me a written agreement outlining the terms. Upon receiving the signed agreement, I will arrange for payment of the settlement amount within 5 working days. Please notify me of your decision by [date].

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