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:

  • Payment Amount: $100

  • Frequency: Monthly

  • 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]



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