Monthly Partial Payment to Creditor

In accordance with our agreement, I am enclosing our

check in the amount of $[dollar amount]. This represents a

minimum payment that you can expect each month from

our firm. As you will note, this amount will decrease the

balance owing to zero in [number] payments.
Naturally, if we can generate a check, either more

frequently or in larger amounts, please be assured that we

will. Furthermore, we are hopeful that we will be successful

in collecting some of our very large receivables, which

would enable us to pay the entire amount due.
Thank you for your courtesy and cooperation.
Very truly yours,