Holding Letter
Your name and address
Date ……………….
Creditor's name and address
Dear Sir/Madam
I/We are writing to you regarding the outstanding loan - agreement number …………………………
Unfortunately I/we are suffering financial difficulties due to …………………………………………
Taking the above into account, I/we would be grateful if you would help us make a full assessment of the current financial situation by providing me/us with up to date account details. It would also be appreciated if any interest charges were waived/suspended pending satisfactory payment arrangements.
When I/we have received all up-to-date balances, I/we will draft a financial statement / offer and forward to you for your consideration and acceptance with an early response being appreciated. Meanwhile I/we ask that no further action be taken.
Your assistance and co-operation would be greatly appreciated.
Yours faithfully
……………………………..…………..…..
The Holding Letter is also available to download in RTF - Rich Text Format.
RTF Format - can be opened in Microsoft Word and most other word processing applications
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