Your Name
Your Address

Today’s Date

Creditor’s Name
Creditor’s Address

 

Our Reference: …………………..

Dear Sir/Madam

Account Number - …………………… 

With the assistance of North East Derbyshire CAB, I/we now enclose a financial statement giving full details of my/our situation.

As you can see, after essential expenditure, there is no available income to make repayments towards this account/debt.

My/Our situation is not likely to change due to …………………………………..

In these circumstances, I/we would like to ask you to write off the debt completely. While I/we realise that this is unsatisfactory, I/we feel it is the most practical course of action at this time.

However, if you feel it is impossible to clear the debt in its entirety, I/we could offer no more than a token payment of £0.50 per month.

Yours faithfully

…………………………………….