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Collection Settlement Letter

June 2, 2012
Name/Title Mary Roe
Address 795 E Dragram
City, State, Zip Code Tucson, AZ, 85705

Subject: Settlement of your outstanding credit card payment

Dear Mr. Carter,

This is in regards to your outstanding credit card payment. You have been defaulting on payment from last three months and the amount that you need to pay us is $40000.

We would settle your account if you pay us $10000 by 6th June.  But if you fail to make the payment we have to recover complete $40000 from you. We will send an executive to collect the money from you.

Please let us know when you are making the payment. Or else we will be forced to take legal action against you.

Regards,

Tom Moody

Manager, Collections Department

Finance Collection Agency

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