This is a sample letter you can use following a review of your circumstances to let your secondary creditor know there has been a change in your circumstances.
Legal term used in this letter
You’ll notice that at the top of the letter that we use a technical term: ‘Without prejudice’. It’s important to use this term as it has a legal meaning.
We use the phrase ‘without prejudice’ to show that you are making this offer in a genuine attempt to tackle your debt. Using this phrase means that your creditor cannot then use this letter in any future court action if that occurs.