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About to send letter reducing monthly repayments – please help!
Ive listened to the webinar from Mark outlining what has to be put in the letter to the creditor as i am in financial hardship i have not accessed his copy of the letter. I have called the company acting on behalf of American express and asked for their physical address and will look up a persons name to address it to rather than just hardship.
I believe I include
* my situation
* my offer ($20 a month)* notice they have 72 hours to return
* conditions
* cash flow attached
* bank cheque or money order
Is there anything I missed … and also – do i send by registered mail so the 72 hours starts when they sign for it. or do i make the 72 hours from when i posted and send it express?Thank you
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6 Replies
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72 hours begins from when you post it, however if they are a long way away you can give them more time.
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THanks!
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👍
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@morag-janet-of-the-hill-family I am about to do the same for 2 credit cards but I am offering 10%. Am I sending the letter to my nearest branch manager or to the headquarters that is online?
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If you PM me I can give you an example some one else has completed for this process.
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Also there is a Q and A tomorrow night 9th of April, maybe you could ask your question there?… https://solutionsempowerment.org/event/general-qa-april-9/
solutionsempowerment.org
General Q&A: April 9 – SolutionsEmpowerment.org
General Q&A: April 9 – SolutionsEmpowerment.org
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