| To Whom It May
Concern,
I am writing to reaffirm our agreement regarding the
settlement of a debt that I owe to your company. The terms
agreed upon were:
1) “I”__________________________, agree
to pay __________________________”YOU” the
amount of $_______________ in full satisfaction of all
amounts that I owe you, and YOU agree to accept this amount
in full satisfaction of all amounts that I previously
owed you.
2) I agree to pay the above amount in _____ monthly installments
of $_________, without
interest. The first payment is to begin on / / , and each
remaining payment to be paid on the ______ day of each
month. I will mail these payments to your office located
at:
___________________________________________________________________________.
3) My non-payment of the full amount of each payment when
it is due will leave me in default. If I am in default,
you may send me a written notice advising me that, if
I do not pay the overdue amount by a certain date, the
entire unpaid balance will become due within 30 days after
the date on which the notice is delivered or mailed to
me.
4) Upon discharging this debt, you agree to notify each
credit bureau to which you report credit information,
that any adverse credit information regarding my account
with you is no longer verifiable, and that it should be
deleted from my credit report.
If you agree to the terms and conditions contained herein,
please sign this agreement in the places provided and
return this document to me at the address shown below.
Terms and conditions accepted and agreed by: X_______________________
Name
X_______________________
Signature
X_______________________
Title
Sincerely,
__________________________________________
Signature
Address:________________________________________
________________________________________
Date: _________________________________________
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