[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Request for Payment Plan concerning Default Dear [Recipient's Name], I hope this letter finds you well. I am writing to discuss the current situation concerning my outstanding balance with [Name of Creditor/Company]. Due to unforeseen circumstances, I regrettably defaulted on my payment obligations. However, I am committed to resolving this matter promptly and would like to propose a payment plan to settle the outstanding amount. First and foremost, I would like to express my sincere apologies for this situation. I understand the importance of fulfilling my financial responsibilities and the negative impact defaulting can have on both parties involved. Therefore, I am seeking a mutually agreeable solution to rectify the outstanding balance. Considering my financial situation, I kindly request your understanding and cooperation in creating a payment plan that will assist me in clearing my debt while minimizing any further inconvenience. I propose the following terms for the payment plan: 1. Total Amount Owed: $[Total Outstanding Amount] 2. Monthly Installment: $[Proposed Monthly Amount] 3. Duration: [Number of Months] 4. Payment Start Date: [Specific Date] I assure you that the proposed monthly payments are feasible and within my means. It is important to me to fulfill my obligations promptly and rebuild a positive financial standing. Furthermore, I would like to highlight my commitment to this repayment plan by offering to set up an automatic payment arrangement, ensuring that payments are made on time without fail. Please provide me with the necessary details to initiate this arrangement. I kindly request your prompt consideration of this payment plan proposal and would be grateful if you could inform me of your decision within [mention a reasonable period, e.g., 10 days]. Should you have any modifications or suggestions regarding the proposed plan, please feel free to contact me at the provided contact information. I firmly believe that with your cooperation, we can reach a mutually beneficial agreement that satisfies both parties involved. I highly appreciate your consideration and understanding in this matter. Thank you for your attention to this request. Looking forward to a positive resolution and put this matter behind us. Sincerely, [Your Name]
Mississippi Sample Letter for Request for Payment Plan concerning Default
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You may check the status of your refund online at TAP. If you cannot check online, you may call (601) 923-7801. Office representatives do not have any information that you cannot view online in TAP.
Some customers are exempt from paying sales tax under Mississippi law. Examples include government agencies, some nonprofit organizations, and merchants purchasing goods for resale. Sellers are required to collect a valid exemption or resale certificate from buyers to validate each exempt transaction.
Mississippi's 2023 withholding formula was released by the state revenue department and is the first to use a flat tax rate. Legislation passed in 2022 (H.B. 531) introduced a flat 5% tax rate on annual income over $10,000 starting in 2023.
Every employer engaged in business, licensed to do business, or transacts business in Mississippi or who pays wages to a Mississippi resident (regardless of where the services are performed), or pays wages to a non-resident (persons domiciled outside of Mississippi ) for services performed in Mississippi must register ...
The amount of tax withheld from your pay depends on what you earn each pay period. It also depends on what information you gave your employer on Form W-4 when you started working. This information, like your filing status, can affect the tax rate used to calculate your withholding.
Mississippi Median Household Income You will be taxed 3% on any earnings between $4,000 and $5,000, 4% on the next $5,000 (up to $10,000) and 5% on income over $10,000. Income below $4,000 is not taxed at the state level.
