Dear [Name],
I am writing to apologize for the overdue debt that I owe you. I understand that I have been delinquent in my payments and that this has caused you a great deal of inconvenience. I want to express my sincerest apologies for this and assure you that I am taking steps to rectify the situation.
I understand that I have an obligation to you and that I have not been meeting it. I take full responsibility for my actions and for the consequences of my actions. I am deeply sorry for the financial hardship that I have caused you and I am committed to making things right.
I am currently in the process of restructuring my finances and I am confident that I will be able to make the necessary payments to you in the near future. I am also in the process of looking for a job so that I can increase my income and make it easier to pay off my debt.
I understand that this situation has been difficult for you and I want to assure you that I am doing everything in my power to make it right. I am committed to paying off my debt and I will do whatever it takes to make sure that I am able to do so.
Once again, I apologize for the inconvenience and hardship that I have caused you. I understand that I have an obligation to you and I am committed to fulfilling it. I am confident that I will be able to make the necessary payments to you in the near future and I will do whatever it takes to make sure that I am able to do so.
Sincerely,
[Your Name]