Simple Debt Agreement Letter

Simple Debt Agreement Letter

[YOUR NAME]

[YOUR ADDRESS]

February 18, 2065

[RECIPIENT'S NAME]

[RECIPIENT'S ADDRESS]

Dear [RECIPIENT'S NAME],

I'm writing to discuss the agreement regarding the debt owed to [YOUR COMPANY NAME]. I hope this letter finds you well. We realize that the situation involving money that's owed can often feel burdensome, and it's why I wanted to deliver this important message personally.

As per the details of your account, the current debt totals an amount of [AMOUNT OF MONEY]. The payment, due [DUE DATE], was unfortunately missed and the current total reflects the addition of a late fee. However, keeping our special relation in view, we are willing to work with you to create a repayment plan gathering the feasibility of both parties.

Kindly acknowledge this letter as a step towards resolving the issue and return it signed at your earliest convenience. I'm confident we can reach a solution that's beneficial for both parties. As always, reach out to our team for any questions or concerns regarding this matter.

Sincerely,

[YOUR NAME]

[YOUR COMPANY NAME]

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