LETTER TO A CREDITOR

Dear Sir,

I acknowledge the receipt of your legal notice with regard to our outstanding account. I am sorry to say that your threat of legal proceedings proceedings in case of my failure to settle the payment of the earliest was not at all necessary. I desire a settlement perhaps more anxiously than you do; but you must realize that at the moment I lack the capacity to pay. In a few weeks, I am confident, I shall be in a position to meet my financial obligations toward you. I am prepared to accept a bill at three months if you care to draw one. I sincerely regret the delay which has occurred, but trust our relations will nevertheless remain cordial. Thanking you for your cooperation.

Yours faithfully,

Omer Pervez.