Please only contact me in writing at the address below and I will respond to your letters in a timely manner.
I will notify you when my situation improves. You can be sure that I will resume regular payments on my debt as soon as I am able. I cant afford to pay my arrears but I can make my monthly payments. Over the next 90 days, I ask that you also please consider withholding interest on my debt. Template letter to offer a temporary payment arrangement. I request that my account not be placed with a collection agency as I wish to deal with you directly. I will pay you per month during this emergency.
I would appreciate your consideration in this matter as I am not able to meet the regular payment of. If my situation improves sooner, I will notify you at that time.
Due to a, I am temporarily out of work and am experiencing financial difficulty.ĭue to my financial hardship and in order to meet necessary household expenses plus credit payments, I am asking each creditor to accept a reduced payment for the next (#) months on my debt.