Free Request for Payment Plan Letter Template
Request for Payment Plan Letter
November 9, 2050
Davion Barton
Accounts Manager
SmithBrand
San Diego, CA 92101
Dear Mr. Barton,
I hope this message finds you well. I am writing to formally request a payment plan for my outstanding balance of $800 with SmithBrand, account number 987654321.
Due to unexpected medical expenses, I am currently facing challenges in making the full payment by the due date. To ensure I can fulfill my obligation, I propose the following payment plan:
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Payment Amount: $100
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Frequency: Monthly
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Duration: Over the next eight months
I am committed to resolving this matter and appreciate your understanding of my situation. Please let me know if the proposed plan is acceptable or if there are any adjustments you would recommend. I am open to discussing alternative options that may work better for both parties.
Thank you for considering my request. I look forward to your prompt response.
Sincerely,
[Your Name]
[Your Email]