METHODS IN WRITING A PROPOSAL FOR SETTLING THINGS

METHODS IN WRITING A PROPOSAL FOR SETTLING THINGS 

 

 

It is a good thing that we always pay our debts or credits and even our loans from and to the banks or from another person. It would only show that you are a responsible business owner and even person. It may lead to the growing trust that you are putting to them and the same way that they are thinking to you. There is also a time in our lives that we have to accept the fact and reality that the business falls into bankruptcy and there is no way out to get a rise again. Some people can’t pay their borrowed money from their friends because of financial instability. It means that they don’t have much money to pay the debts that they have from you due to the reason that they resigned from the job or they were fired by their company. That is the time that you will find a way by writing a letter of settlement to the bank or to an agency where you loaned your money. This will help you to solve your problem in a way that you are giving a promise to them that you will pay them by the time that you have enough money to settle things or you will assure them that even little by little you are going to pay them in different ways. Most of the bank would accept this kind of way but it would be better if you would hire someone who is good at this one. You can have an expert negotiator as they can help you to make a good letter and they will be the one talking to your banks. But if you can’t afford anymore and you just want to do it on your own. Then, you may try to read the methods in writing a proposal for you to settle things.  

  1. Prepare all the documents you have including all the papers and information about your debts and the things that are related to this. It will help to settle things easily if you have the proof with you. Make sure to sort things out according to their dates and years.  
  2. Think deeply on which one you want to settle first and the possible amount that you can pay immediately and the other alternative ways that you can pay the remaining amount. You have to be honest with them about how you are going to pay them.  
  3. Specify the amount that you can now and of course the terms that you are going to pay the remaining balance.  
  4. Let’s start with writing the letter now. You have to write the name of the bank or the agency and even the person in charge of that. You have put as well your name and even your account information. 
  5. Write down the purpose on why you are writing this and the possible things that you can do to pay the balance. Put all the reasons and the necessary proof as well.  

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