Sample Debt Negotiation Letter 5 Temporarily Postpone Monthly Payments
Contact Person's Name
Name of Creditor
City, ST Zip
Re: Account of [name account is under]; Account No. [insert account number]
This letter is to follow-up on the phone conversation we had today regarding my request to temporarily postpone payments due to [my sudden unemployment, illness, or other emergency situation]. As we discussed on the telephone, you have agreed to let me temporarily cease making payments until [date], at which time I will begin making monthly payments in the amount of $________________ so that I can catch up on any delinquencies and bring my account current as soon as possible.
Thank you for your cooperation in this matter.