Sample Letter for Request for Payment Plan concerning Default — New Hampshire [Your Name] [Your Address] [City, State, ZIP] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Request for Payment Plan to Resolve Default Dear [Recipient's Name], I hope this letter finds you well. I am writing to address a financial issue regarding a default on payments made to [creditor/company name]. I am fully aware of my responsibility to fulfill the financial obligations, and I assure you of my intent to rectify this matter promptly. Furthermore, I understand that my default is causing inconvenience and potential financial loss to [creditor/company name], leading to undesirable consequences for both parties involved. Furthermore, I acknowledge the seriousness of this situation and would like to propose a mutually beneficial payment plan that will allow me to clear my debt in a manageable manner. After carefully reassessing my financial standing, I have devised a structured plan that meets my capability to make regular payments towards the outstanding balance. Enclosed are supporting documents that provide an in-depth analysis of my current income, expenses, and other financial commitments. Considering my commitment to resolving this default, I kindly request your cooperation in accepting the following proposed payment plan: 1. Total outstanding balance: $_______ 2. Proposed monthly payment: $_______ 3. Duration of the payment plan: __ months/years 4. Start date of the payment plan: [specific date] This payment plan adequately takes into account my financial situation, as well as the time required to settle the outstanding balance. I assure you that I will make every effort to strictly adhere to this plan. Please note that I am open to discussing and negotiating any aspects of this payment plan to reach a resolution that meets both of our interests. I am prepared to provide additional information or documentation to support my proposal and demonstrate my commitment to fulfilling my obligations. I kindly request your written acknowledgment of this payment plan proposal within [specific timeframe, e.g., ten days] to ensure effective communication and avoid any further misunderstandings. Furthermore, I appreciate your understanding, cooperation, and the opportunity to rectify this situation. Furthermore, I believe that by working together, we can come to a reasonable agreement and find a solution that satisfies both parties involved. Thank you for your attention to this matter. I look forward to your prompt response and an amicable resolution. Sincerely, [Your Name] Variations of New Hampshire Sample Letter for Request for Payment Plan concerning Default: 1. New Hampshire Sample Letter for Request for Payment Plan after Default Notice 2. New Hampshire Sample Letter for Request for Repayment Schedule concerning Default 3. New Hampshire Sample Letter for Request for Installment Payment Plan after Default 4. New Hampshire Sample Letter for Request for Setting Up a Deferred Payment Plan due to Default 5. New Hampshire Sample Letter for Request for Extended Payment Plan for Defaulted Amount.