Offer to non-priority creditor - letter by Citizens Advice

Citizens AdviceUpdated 17 Oct 2025

This document is a letter from an individual to a non-priority creditor, such as a bank, explaining their inability to maintain current monthly payments due to illness and unemployment. It proposes a revised payment plan based on a financial statement and requests the creditor to freeze interest and charges.

Offer to non-priority creditor - letter

Sam Hoolin

8 Park Avenue
Arlton AL1 4CA

01632 960001
[email protected]

Giltham City Bank

24 Station Road
Giltham GT16 3LP

12 September 2025

Your reference: LL/ANO/Reminder1

To whom it may concern,

Account name: Sam K Hoolin

Account number: 12345678

I am sorry that I am unable to keep up my monthly payments to your company.

I am sick and unable to work. I have claimed benefits and am waiting to hear the outcome of my claim. My situation is unlikely to improve for at least 3 months.

I enclose a copy of my financial statement. This shows income and expenses for me and the offers I can make to my creditors. The offers have been worked out based on what I owe so that each creditor gets a fair share of the money.

The amount I can pay you is £50 a month. I will be able to make my first payment on 25 February 2023. Please send a direct debit form.

Please agree to freeze interest and other charges on my account as long as I keep to the payments. I will let you know about any changes in my circumstances.

If you are unable to accept my offer and freeze interest and charges, please explain why. Thank you for your help and I look forward to hearing from you.

Yours faithfully,

Sam Hoolin

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Document info
HTML document. Document created on Fri Sep 12th, 2025. Last updated on Fri Oct 17th, 2025.
This document is public
Licensed under CC BY 4.0 (Attribution).
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