Dear sir or madam,
From the end of 2006 to present, I have been dealing with a bad case of depression. Unfortunately, because of this, I was unable to deal with or pay my financial obligations. After several medication changes in the last year, I am finally feeling better and ready to deal with my current financial situation.
I honestly regret having gotten so behind on my bills and have put your company in this situation.
What I am hoping to accomplish with this letter is to make payment arrangements with you and if possible, maybe you could waive some of the late fees. I completely understand if this is not possible.
Since I will be sending this letter to all my creditors, I would hope that you could accept a $25 a month payment.
I sincerely thank you for reading my letter and considering my request. I hope that at some point in the future, we will be able to do business again.
Now, I have a few questions.
Thank you in advance for reading my post and for helping me out. My Equifax FICO is 515. I am trying to get it up to 600 within the next 6 months or less so I can try and buy a condo. I am hoping the letters will help.