Sample Letter

Reconsider my token offer (sole name)

Use this letter when a creditor has refused your token offer of payment.

You can choose to send a letter in your own name or in joint names. You may have a debt in joint names, or want to write to your creditors together because you have worked out a joint budget.

Fill in your contact details, account number and any extra information you want to include in the grey shaded areas.
Today’s date will be added automatically.
Sign each letter and enclose a copy of your budget if needed.

Letter in joint names

You can choose to send a letter in your own name or in joint names. You may have a debt in joint names, or want to write to your creditors together because you have worked out a joint budget.

Change to joint version

You need to include the organisation name.

You need to include their address.

You need to include their postcode.

You need to include your address.

You need to include your postcode.

20th November 2024

Dear Sir/Madam

Account No:

This field is required.

I refer to my recent letter and your reply regarding the above account.

I am disappointed that you will not accept my offer of payment. I carefully considered my financial situation before I made my offer to you. As I have no available income, I have offered you a token payment as a gesture of goodwill.

If I offered you a higher amount, it would be unfair to my other creditors. Also, I cannot afford to pay any more due to my current circumstances.

I have sent all of my creditors a copy of my budget summary and

This field is required.

have so far accepted my offer of payment.

If you sue me in the County Court, I would continue to offer this amount and I am confident it would be accepted by the court.

I would therefore be grateful if you would reconsider your reply to the above offer.

I look forward to hearing from you.

Yours faithfully

You need to include your name(s).