(your name,
city, state, zip)


city, state, zip)

Dear ____ (name):

How can we try to persuade you to pay your delinquent account? We have tried many
suggestions for extending the payment period, for making the monthly payments smaller,
and for getting help from lenders. Now we have exhausted our own resources.
We have to seek help from outside our own company. We have consulted with our attorney
and he told us that we have several avenues available to us for collecting our money.
We are very uncomfortable with the thought of going to court and, therefore, have decided
to extend your credit for ___ (amount of time) -- ___ (number of days).

To avoid legal action, we must have your check for

____ (amount of money) on or before ____, 200__ (date).