Sample Letter To Your Creditors

Requesting Forgiveness Of Debt / Compassionate Write-Off

Click here to learn how to use this letter properly and to learn how to communicate effectively with your creditors.

 

<Today’s Date>


<Creditor Name>
<1 Downtown Street>
<City, Province  Postal Code>


ATTENTION: CREDIT DEPARTMENT
RE: ACCOUNT #123456789 SMITH, JOHN

Dear <Creditor>:

My current income from <CPP, OAS, Disability Pension, Government Assistance, etc.> is not enough for me to be able to make any payments towards my debt at this time. Due to my <medical condition/disability/age> I do not foresee any changes to my financial situation or employment status that would put me in a position to make payments any time in the future.

Please find attached <doctor’s letter(s), counsellor’s letter, case worker’s letter of support, description of condition and explanation how this affects your ability to work, any information you feel supports your statement of inability to pay now and in the future>, as well as a copy of my <proof of income> and a monthly expense sheet.

I respectfully request that you forgive my debt, as my condition precludes any employment, and my current and future income does not support any debt repayment.

Please respond to my request in writing to the address below at your earliest convenience. Thank-you in advance for your understanding of my situation.

Sincerely,



<your name>
<complete mailing address>
<phone number>
<account number>

 
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