Bankruptcy Letter of Intent. Just like anything else in life, if you are planning a drastic change you should probably inform those who will be affected. The importance of keeping people informed is a requirement in some circumstances. A "letter of intent" is used in these situations. This letter informs companies or the public that future legal proceedings will occur.
Letters of intent can be used in situations where a group of students wish to organize a specific club or perhaps a new fraternity. In the letter they can state their reasons for taking this action, how many members they expect to have and what they think they are going to accomplish. The letter can also outline the requirements for membership and in many cases the basic rules of behavior that will be expected for continued membership. Students might also write a skillfully prepared letter to the admissions office of the college they wish to attend and include it with the rest of their application package.