This form is a sample letter from a law firm to opposing counsel confirming the payment schedule of defendant.
Subject: New Hampshire Payment Arrangements — Sample Letter Dear [Creditor's Name], I hope this letter finds you well. I am writing to discuss and propose a payment arrangement for the outstanding balance I owe on [mention the specific debt, such as credit card debt or medical bill] to [your company name/creditor's name]. I reside in the beautiful state of New Hampshire and wish to discuss a mutually beneficial agreement that will help resolve this debt responsibly. Considering my current financial situation, I am unable to make the full payment immediately. Nevertheless, I want to demonstrate my commitment to resolving this issue and am eager to find a reasonable solution that acknowledges my financial constraints. With this in mind, I propose the following payment arrangement options: 1. Lump Sum Settlement: I understand that you are looking to collect the entire amount owed promptly. While I may not be able to make a full payment, I would like to propose a one-time lump sum settlement. Upon formal acceptance of this offer, I will pay [mention a specific amount or percentage] as a final payment to resolve the debt. 2. Installment Plan: Recognizing that my financial situation prevents me from making a lump sum payment, I would appreciate your consideration of an affordable installment plan. I propose making monthly payments of [mention a specific amount or percentage] over a period of [mention the desired payment period]. This arrangement will ensure gradual but consistent payments towards resolving my debt. 3. Adjusted Payoff Amount: I understand that the principal amount owed is inclusive of any interest or fees that may have accrued. In requesting your cooperation, I propose recalculating the principal amount to exclude any additional charges. This mutually beneficial adjustment can provide us with a more manageable amount while still satisfying my obligation. I kindly request your professional empathy and consideration regarding this matter. I assure you that I remain committed to meeting my financial responsibilities and resolving this debt promptly. Choosing an arrangement that best aligns with my current financial situation will allow me to regain financial stability while honoring my obligation to you. In the spirit of cooperation, I kindly request that you respond to this letter within [mention a specific timeframe] to confirm your acceptance and provide further instructions on how to proceed. I understand that reaching an amicable resolution benefits both parties involved, and I am willing to collaborate to find a payment arrangement that ensures a successful outcome. Thank you for your understanding and patience throughout this process. I appreciate your timely attention to this matter and your willingness to work with me to resolve my outstanding debt. I look forward to hearing from you soon. Sincerely, [Your Name] [Your Address] [City, State, ZIP] [Phone Number] [Email Address]
