Letter Regarding Limitation of Liability

Letter Regarding Limitation of Liability :

Letter Disowning Responsibility for A Personal Loan :

Dear Mr. / Mrs…...,

This is to inform you that from this day forward, I am no longer responsible for any debts incurred by [name], a.k.a. [name].

The above captioned account is currently held in my name. In order to avoid any potential problems, I am requesting that you close my current account and open a new account solely in my name.

Thank you for your cooperation in this matter. If you require my signature on any forms, please forward the paperwork necessary to my office, and I will return it to you promptly.

Letter Regarding Limitation of Liability :

Dear Mr. / Mrs……,

This is to inform you that I am in receipt of your letter of [date] and I acknowledge that my account is in the arrears in the amount of $........

We have been experiencing some difficulties lately in collecting our accounts receivable and unfortunately the domino theory has become a reality.

In fairness to all of our creditors, I would like to suggest that I send you $ …. per month for a period of …..months in order to satisfy this obligation. I am enclosing the first check for $ …..as a sign of good faith and am hoping that this proposal will be acceptable to you. It is understood that should we be successful in our attempts to collect some of our larger receivables during the next……months, I will be most happy to remit the entire balance owing on this account.

Please let me hear from you regarding the proposal I have outlined. Thank you for your patience and understanding in this regrettable situation.

Letter of Appreciation :

Dear Mr. / Mrs…..,

Your enthusiasm and your ability to motivate your employees have resulted in a significant increase in productivity and profitability.

If we had an award to give, you would be the prime candidate. Please accept my sincerest appreciation for the fine job you are doing in our sales department.

Letter with Installment Loan Book :

Dear Mr. / Mrs…..,

Thank you for the recent opportunity of serving you in our Installment Loan Department. The coupon book enclosed is provided for your convenience in making payments on your note. It will furnish you with a record of payments. We are certain that you will appreciate the convenience afforded by this book.

Please make all payments directly to us. They may be made at any teller's window, including the drive in, or payments may be made by mail. Checks or money orders should be made payable to [name of bank].

Please let us know if we can be of assistance to you in any of the other numerous banking services that we offer including checking accounts, savings accounts, trust department and investment counseling.

Please feel free to drop in anytime at your convenience to discuss your further needs with our staff.

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