If, for any reason, a consumer makes a purchase with a personal check that he or she regrets, and would like to return the item, or if a personal check is lost or stolen, they can stop payment on the check. When payment is stopped, the consumer can write another check without worrying that the lost or stolen check will be cashed if it is found.
When a person is seeking a job in child care, they need to have one or two child care recommendation letters to give to prospective employers. Parents are usually very careful with whom they leave their children, and require good and positive references from the applicant’s past employers. Also, when a parent is especially satisfied with a person who has provided quality care for their children, a child care recommendation letter to help the caregiver get another good job is one way of saying thank-you.
The cost of attending college is often so high that most students need to get student loans to pay for their college education. There are several reasons why newly graduated students may not be able to make payments on their student loans. If this is the case, students can request help with a forbearance letter to the lender or through forms that are supplied by the lender. Forbearance for a student loan allows the student to postpone making loan payments or to reduce the amount he or she needs to pay for up to 12 months. Lenders may be willing to give forbearance because it means the borrower may not default on his or her loan. Students who are planning to send a forbearance letter should remember not to stop making payments on their loan until forbearance is granted.
Contracts for services are essential tools for a professional relationship. They provide clearly defined parameters for both the service provider and the receiver or client. Without a contract, misunderstandings can develop, especially if the expectations differ. This could lead to serious consequences including a court case.
A hardship letter for loan modification is a formal way to request a modification to a loan. This letter is the place where the borrower can express his or her financial troubles in personal terms to have the best chance to stop a foreclosure or receive better terms on an outstanding loan. Banks and other lenders don’t want to know the life history of a borrower, but they want to know that he or she has a legitimate reason for requesting help.
A letter of recognition to an employee is one way for a company or small business to show appreciation for the hard work and dedication of an employee. The success of any endeavor depends on the efforts of the team involved, and every member has a part. From the janitor to the president, everyone must do their job well for the business to prosper. One way to encourage employees to do their best and boost morale is to give recognition when they deserve it. A letter can be given for a one-time achievement or for ongoing high level of performance.