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Offer for making part payment of a debt via instalments

Use this letter to make an offer to a creditor to pay a debt by instalments. With this letter, you will attach your first instalment by way of cheque. Although the creditor is not obliged to accept your offer, attaching a cheque should encourage them. It is suitable for use by an individual, as well as by a business.
Compatible region(s): England & Wales Scotland Northern Ireland

Offer for making part payment of a debt via instalments

Use this letter to make an offer to a creditor to pay a debt by instalments. With this letter, you will attach your first instalment by way of cheque. Although the creditor is not obliged to accept your offer, attaching a cheque should encourage them. It is suitable for use by an individual, as well as by a business.

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Offer for making part payment of a debt via instalments (Guidance Notes)