1234, Main Street
Boston, MA 02123
04 April, 2005
<Recipient Address Goes Here>
Re: Account No. <Account number>
The purpose of this letter is to confirm the payment plan that we have discussed for bringing this account current.
According to the legal agreement, I will make [No. of payments] payments for the amount of [$ ??], until the account is [brought current/paid in full].
The payment will be outstanding on the [day] of the month.
Thank you for your co-operation and understanding regarding this matter. If you have any kind of questions or, you do not agree with any particular of the agreement, then please notify me immediately.
encl: <List of enclosed items goes here>