A debt settlement letter offers to settle a debt for less than the full amount owed, typically used for unsecured loans like credit card debt. Lenders may accept, reject, or make a counter offer, and it can affect the debtor’s credit rating. A debt settlement letter is often written when a debtor is having difficulty […]
When writing a business letter, use a conversational tone and proper formatting, keep it short, and plan it beforehand. Use a pleasant tone, contractions, and personal pronouns. Use the correct format and order of components, and proofread for errors before sending. When writing a business letter, you should use a conversational tone and proper formatting, […]
When writing an anonymous letter, use a typewriter or computer to avoid handwriting recognition. Omit personal details and address the recipient normally. Carefully consider the content and edit for accuracy. Anonymous letters can be used for complaints, advice, whistleblowing, or reporting. Sign off with a pseudonym and mail from a different location or email address. […]
An absenteeism letter should state the reason for the warning and specific dates of absence, including consequences if attendance doesn’t improve. A face-to-face meeting may be preferred before sending the letter. Habitual absenteeism warrants disciplinary action, and a termination letter may be necessary if the issue persists. Absenteeism affects workplace morale and productivity. A absenteeism […]
Back-to-back letters of credit involve two letters of credit between three parties, used to secure goods or services in high-value or international transactions. This technique is often used by intermediaries to secure the goods of local parties while posing as the primary contact for the foreign buyer. Letters of credit are often used in business […]
A dissolution letter is a document that notifies the end of a business relationship between two parties, and its content varies based on the nature of the relationship and legal requirements. It should include the names of the parties, the purpose of the letter, details of any formal contract, reasons for ending the relationship, and […]
“Letter of the law” means following laws strictly, while “spirit of the law” means interpreting laws practically. Both are English idioms used to add color to conversations. The former implies no room for leniency, while the latter is a more liberal interpretation. Conflicting attitudes towards laws are at the heart of the differences. Following the […]
An employment reference letter confirms an individual’s employment and positive qualities. It should be written in formal language and include specific dates and job title. It can be written by a colleague or supervisor who thinks highly of the applicant. An employment reference letter is a letter written to an individual’s prospective employer. Most reference […]
During WWII, soldiers received “Dear John” letters from their hometown sweethearts, often with a direct and detached message of parting ways. The origin of the name is disputed, but it became a common practice for long-distance breakups. The phrase “that’s all he wrote” also came into popular usage. Today, military members still receive similar letters […]
The SEC sends a letter of irregularity to issuers of intended public stock offerings if deficiencies are found in the preliminary prospectus. This can delay the issuance process and result in a stop order. Deficiency letters are sent to ask necessary questions and discuss necessary changes to comply with SEC guidelines. Registration with the SEC […]
