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How to deal with creditors
LETTER TO EDGARS – A LARGE SOUTH AFRICAN RETAILER Dear Sir/Madam I acknowledge receipt of your letter dated July 7, 2008 in which for the 3rd time you request that I pay the monies owed to you. I first want you to know that by no means do I dispute my debt and I intend to pay as soon as possible. However, I would like to bring to your attention that you are not my only creditor. I have many more creditors, quite as honourable and important as you, and whom I wish to pay too. That is why, each month, I throw all the names of my creditors into a hat and draw one randomly. The one drawn is paid immediately. I hope that yours will come out shortly. Sincerely yours Sipho PS: I regret to inform you that given the harsh and threatening tone of your last letter, you will not be taking part in the next three draws.
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