How To Write A Letter To Settle Credit Card Debt. Explain why times have been tough for you, and let them know that you’re trying to do the honorable thing by settling your debt to avoid bankruptcy. In return, they’ll charge you a fee.

Due to my financial hardship, i cannot pay the entire balance in full. Before you decide to settle credit card debt on your own, speak to a debt counselor about debt validation. I am making this request because of the financial hardship i am experiencing after the.








