Description
When you are unable to pay a bill in full, enclose this letter template explaining why you are unable to pay and detailing a plan for monthly payments.
[Company Name]
[Street Address]
[City, ST ZIP Code]
[Recipient Name]
[Title]
[Company Name]
[Street Address]
[City, ST ZIP Code]
Dear [Recipient Name] :
We have received your most recent request for payment in full on our account.
Due to [reason] , we are unable to make full payment this month.
We are enclosing a good faith payment of $[amount] , and we plan to make similar monthly payments until our account is fully paid.
Please contact us if you have questions, or if you want to suggest other arrangements.
We appreciate your understanding and cooperation as we recover from this temporary financial setback.
Sincerely,
[Your Name]
[Title]
Enclosure
