Dear Sir/Madam

REF: (*enter account details / Ref. No.)

Thank you for your recent correspondence.

I am sorry that you do not find my payment proposal acceptable. Whilst I appreciate that the payments offered are much reduced, the proposals have been based on a realistic assessment of my current circumstances.

The offer to each creditor is calculated on the basis of a pro rata distribution of the money available after my essential expenditure required to sustain the household has been taken into account. I would therefore be grateful if you could reconsider your decision in this matter to assist me in resolving my difficulties. I look forward to your reply and thank you for your assistance.

Yours faithfully

Your name*