Debt Acceptance Letter

Debt Management Plan Acceptance Letter Examples

This is the sort of letter that you can expect to receive when you put yourself into a DIY Debt Management Plan.


Dear Sir,

We refer to our recent communication regarding the above account.

We will accept the proposal of £41.00 which has been put forward. However we do not accept this offer as a permanent arrangement for paying off this account and would like to review the arrangement with you in the future.

Is any payment is late or missed, the account will be treated as being in default and will be returned to our collection division without notice. Any accrued interest at that point in time will be applied to the account.

The first payment must be received within 30 days from the above date on this letter.  We can accept payments from you via our banking processes or by cheque.

We look forward to hearing from you.

Yours faithfully

 [your name]