Steps to Writing a Waiver Letter

Karin Barga reports:

"A waiver letter is written as a request for the receiver to forego some restriction that would ordinarily be enforced, such as a citation, contract or financial obligation. Writing a waiver letter is never a guarantee that the creditor will waive a debt. However, a professionally composed request may benefit a debtor in need...Every entity which issues any sort of obligation has terms of eligibility which must be taken into consideration when addressing any waiver requests. Prior to writing a waiver letter, understand those terms to determine whether or not you qualify...Open the letter with an explanation for the request...Note any supporting monetary figures, dates, venues or the names of interested parties as a statement of fact. Do not exaggerate the value of any of your assertions...Send the letter with receipts, copies of contracts, printouts of emails or photographs that may support your statements."