Your account has been referred to me with instructions
that I make final demand for payment of this debt.
Inasmuch as the outstanding balance is sizable, I have
outlined a payment plan for you as a method to retire
the entire balance over the next (number) months if
you are unable to forward the full amount at this time.
Amount Due $
Payment $ Monthly
Due Date $
This offer is being made to you as our expression of
wanting to settle your account in an amicable manner.
If we do not receive your first payment by the date
indicated above, we will have no choice but to refer
your account to a collection agency. We do not wish
to take any action which might impair your credit
rating and therefore request that you give this
matter your most immediate attention.