This form is a sample letter from a law firm to opposing counsel confirming the payment schedule of defendant.
Virginia Sample Letter for Payment Arrangements
Category:
State:
Multi-State
Control #:
US-0070LTR
Format:
Word;
Rich Text
Instant download
Description
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FAQ
Payment Arrangement Agreement Letter Sample The outstanding balance on your account is $471.54. No further interest charges or late charges will be added to your account as long as you make a monthly payment of $40.00 due the 15th of each month.
Five days' notice is required to the opposing party and the court. Motions may be typed by either party, may be filed on the General Notice and Motion Form or may be filed on one of the appropriate forms provided by the Supreme Court of Virginia (located here).
{{date. today}}: Proposal for Payment Plan The Accounts Receivable Department has noted the outstanding balance on your account. To assist you in setting your account current, we are proposing a payment plan. We believe that this flexible arrangement can help you manage your account better without unnecessary pressure.
As agreed upon in our conversation, I will make a payment in the amount of: $ _____ on or before the ____ of each month, until ___________ (date). At that time I will then begin making the regular minimum payment on my account. Thank you for working with me during this difficult time.
I am writing to offer a payment arrangement that will allow me to resolve my debt with you. I can make monthly payments of _______ for the next six months. This payment plan should help me pay off my debt in full. Thank you for considering my request, and thank you for your understanding and cooperation.
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. I regret that I have to ask for this consideration and hope that you will understand.
