Payment Plan Agreement Template - Free Download
4.7, 4117 votes
Please vote for this template if it helps you.
Payment Plan Agreement Template
Payment Plan Agreement Template
Sample'Letter'#3:''Payment'Plan'Agreement'with'Debt'Collector'''''''''''''''''''''''''''''''''''''''''''''''!
_____________________________________________________________________________________________________________________
!
ABC!Collection!Agency!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!RE:!Payment'Plan!
123!Main!Street!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!Name!of!Creditor!
Anytown,!USA!!!ZIP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!Account!#!
Attn:!Mr.!Joe!Smith,!Collection!Agent!
!
RE:!Creditor!Name:!!!Sears,!LVNV!
!!!!!!!Account!#:12345678!
!!!!!!!Your!Full!Name!
!
Dear!Mr.!Smith:!
As!a!follow-up!to!our!phone!conversation!today,!(date)!and!(time!of!day),!where!we!discussed!the!
abovementioned!account,!we!agreed!to!the!following:!
!!!!!Total!amount!of!debt:_______________________!
!!!!!I!will!make !p a yments!in!the !a mount!of!$_ _ __ _ _ _ __ _ _ _ _/m on th,!for!________ total!month s.!
!!!!!My!first!payment!will!be!received!by!your!office!on:!
!!!!!Successive!payments!will!be!received!each!month!thereafter!on!the!______date!of!the!month.!
!!!!!My!final!payment!will!be!received!!by!your!office!on:!________________!
!!!!!Once!all!payments!have!been!made,!the!debt!will!be!considered!PAID!IN!FULL.!
!!!!!!
Once!the!debt!is!PAID!IN!FULL,!your!office!will!write!to!each!of!the!credit!reporting!agencies,!TransUnion,!Equifax!
and!Experian,!to!update!the!status!of!this!debt!as!PAID!IN!FULL.!!You!will!send!me!a!copy!of!this!correspondence!
for!my!file.!
!
Unless!I!hear!from!you!within!five!days!from!receipt!of!this!letter,!I!will!assume!that!this!payment!plan!is!agreeable!
with!the!creditor!and!your!office.!
!
Yours!truly,!
Your!signature!
Your!name!
Address!
City,!State,!Zip!
Your!phone!number!
!
Note:!!!
1)Make!a!copy!of!the!letter!you!send!for!your!files.!
2)Send!this!letter!by!Certified!Mail,!Return!Receipt!Requested!
3)Mark!your!calendar!indicating!the!date!your!letter!was!mailed.!
!
Payment Plan Agreement Template Previous Page
source: consumerslaw.com
Payment Plan Agreement Template
Previous

1/1

Next