[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient Name] [Recipient's Position] [Company Name] [Company Address] [City, State, ZIP Code] Subject: Request for Payment Plan concerning Default Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to discuss an urgent matter regarding a default on my payment obligations. I am aware that I have fallen behind on the payments for [product/service] that I have acquired from your esteemed company. Furthermore, I would like to express my sincere apologies for the delay in settling my outstanding balance. Due to unforeseen circumstances [briefly explain the reason for default, such as a financial hardship, medical emergency, or loss of employment], I have been unable to fulfill my payment obligations on time. However, I firmly intend to rectify this situation and assure you that I am committed to fulfilling my financial responsibilities. In light of my current financial difficulties, I kindly request your understanding and assistance in establishing a payment plan that will allow me to settle the outstanding amount in a manageable manner. I propose the following terms for the payment plan: 1. Total outstanding amount: [Specify the exact amount due] 2. Initial payment: [Specify the amount you can pay immediately] 3. Monthly payment amount: [Specify the proposed installment amount] 4. Duration of the payment plan: [Specify the desired period for completing the payments] 5. Payment method: [Specify the preferred method of payment, such as electronic transfer, check, or credit card] I firmly believe that this proposed payment plan will allow me to clear my outstanding balance without any further delay, ensuring that our business relationship remains intact. I understand that your company is also operating in a challenging economic environment and that recovering outstanding debts is crucial for its financial stability. I kindly request that you review this proposal and provide your feedback at your earliest convenience. Furthermore, I am open to discussing any modifications or alternative solutions that will facilitate the resolution of this matter promptly. Additionally, I assure you that once the payment plan is agreed upon, I will strictly adhere to the terms outlined. Please find enclosed the necessary documentation to support my request, including any relevant financial statements or supporting documents. If there is any additional information that you require, please do not hesitate to contact me at [phone number] or [email address] at your convenience. I sincerely appreciate your understanding and cooperation in this matter. I trust that we can find a mutually beneficial solution that will allow me to fulfill my obligations while maintaining the positive business relationship we have enjoyed thus far. Thank you for your attention to this pressing matter, and I look forward to hearing from you soon. Your prompt response would be highly appreciated. Yours faithfully, [Your Name]
Georgia Sample Letter for Request for Payment Plan concerning Default
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How to fill out Georgia Sample Letter For Request For Payment Plan Concerning Default?
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In place of my regular monthly payment of $__________due on the__________________________. I am requesting that you accept payments of $______________paid on the__________. I assure you that I will add no further debt until my financial situation improves. I will begin making normal payments again as soon as possible.
Use Form 9465 to request a monthly installment plan if you cannot pay the full amount you owe shown on your tax return (or on a notice we sent you).
Individuals who are required to file Federal Form 1040NR must file Georgia Form 500. Similar to Federal income tax rules, most Georgia taxpayers are only allowed to deduct the applicable Georgia personal exemption and expenses reflected on Form 1040NR.
Apply online through the Online Payment Agreement tool or apply by phone or by mail by submitting Form 9465, Installment Agreement Request.
Log into the GTC website ( ). 2. Navigate to the More? tab, go to Payments and Returns, click the Request payment plan hyperlink.
You can apply for an installment agreement online, over the phone, or via various IRS forms. To some degree, you get to choose how much you want to pay every month. The IRS will ask you what you can afford to pay per month, encouraging you to pay as much as possible to reduce your interest and penalties.
What if I am not eligible or unable to apply or revise a payment plan online? Individuals can complete Form 9465, Installment Agreement Request. ... If you prefer to apply by phone, call 800-829-1040 (individual) or 800-829-4933 (business), or the phone number on your bill or notice.
