Debt Acknowledgment Letter Guide

Summary

When writing a debt acknowledgment letter, include your contact information, the companys details, and the amount owed. Apologize for any inconvenience and request confirmation of the total outstanding amount along with payment instructions. Customize the template to fit your specific situation and ensure clear communication. If you have further questions or need additional guidance, consider consulting a legal professional.

Full Conversation

I want to write a letter to a company that says we owe them money.
Alright, Colleen! Here’s a simple template for your letter:
---
[Your Name]
[Your Address]
[City, Postal Code]
[Email Address]
[Phone Number]
[Date]
[Company Name]
[Company Address]
[City, Postal Code]
Subject: Acknowledgment of Debt
Dear [Company Name],
I am writing to formally acknowledge that we owe your company [amount of money owed] for [reason for the debt]. We apologize for any inconvenience caused and are committed to settling this debt.
Please confirm the total outstanding amount and provide instructions on how to proceed with the payment.
Thank you for your understanding and cooperation.
Sincerely,
Colleen
[Your Position, if applicable]
---
Feel free to customize it as needed. If you have any more questions or need further assistance, let me know!