Today's
Date (dd-mm-yyyy)
Your Name
Your Address
Debt Collector's Name
Debt Collector's Address
RE: (Account # of Debt Owed,
Customer Name & Type of Debt)
Mr/Mrs. Debt Collector,
Having received your (letter
or phone call) dated (dd-mm-yyyy), I acknowledge
that I owe $____ in debt to your company. I
am not disputing this debt, but my current financial
situation does not allow me to pay the monthly
payments that you are asking for. I however
can make payments of $____ at the beginning
of every month, starting (dd-mm-yyyy).
I would really appreciate
if you reply to this letter and confirm acceptance
of my above payment terms. I have also enclosed
my first payment in paper check. If i do not
receive a reply from you and you cash in my
check, I will assume you accept my above mentioned
payment terms. If you do NOT accept my payment
terms above, please return my enclosed payment
check in the self-addressed stamped envelope.
I am not a chicken to run
away from my debts. This is why I am contacting
you with this letter. Thank you for your understanding.
Sincerely,
(Your Signature)
(Your Printed Name) |
