Sample letter

Reconsider my token offer (sole name)

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

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.
  • 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.

  • Download your letter to your computer for saving and printing by clicking on ‘Download pdf’ or ‘Download doc’ on the left.

  • Sign each letter and enclose a copy of your budget if needed.

21 September 2020

Dear Sir/Madam

Account No:

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 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