Debt Settlement Letter, from Debtor
Date:
Settlement Talks Only
Name
of Creditor (Person to Whom Debt is Owed)
Address:
Dear
Sir or Madam:
I
refer to our recent discussion, pursuant to which we disputed the amount being
claimed by you in relation to our alleged outstanding balance or bill with
you.
You
offered to settle the matter in full for $ ___________, of an originally
claimed amount of $ ____________. In
addition, you also agreed to acknowledge that this settlement would extinguish
any debt we owed you as of the date of your receipt of that sum.
We
have not received your confirming offer to do this in writing. Please forward it at your earliest
convenience.
By
accepting such payment, you are deemed to have accepted the same in full
satisfaction of such obligation, and we will accordingly be able to rely on
that representation and consider the debt to be satisfied in full.
Our
discussion above does not prejudice any rights we may have against you for the
various reasons outlined to you before and others not discussed yet. In addition, this settlement discussion is
done in good faith and therefore does not prejudice our rights.
Best
regards,
_____________
Debtor
(s)
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