Your name and address

Date ……………….

Creditor’s name and address

Account number: ……………………..

Dear Sir or Madam,

I/we now enclose a financial statement for ourselves giving full details of my/our situation.

I/We offer to make payments of £…….. each month based on an equitable distribution of available income.  Whilst I/we appreciate that this offer is small, I/we feel it is the only realistic one in the circumstances.

I/We would also ask that you agree to suspend interest on this account to enable me/us to make some inroad into the debt.

In order for me/us to make payments, please could you forward me a payment book, giro credit slips, or standing order mandate details if applicable?

I/We will contact you immediately if there is any change in my/our circumstances.

Your patience and co-operation in this matter is greatly appreciated and I/we look forward to your acceptance of this proposal.

Yours faithfully,

……………………………..…………..…..