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  • Full and Final Settlement Letter Template

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    Mr. Debt Man writes a letter to Debt Collector regarding a large outstanding debt. While unable to pay off the full amount, Mr. Debt Man offers to make an ex-gratia, or voluntary, payment in full and final settlement of the account. The offer is made with the agreement that upon acceptance, neither Debt Collector nor any associated company will pursue further action to collect on the debt, and Mr. Debt Man's credit file will be updated to show the debt as satisfied.

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    Mr. Debt Man writes a letter to Debt Collector regarding a large outstanding debt. While unable to pay off the full amount, Mr. Debt Man offers to make an ex-gratia, or voluntary, payment in full and final settlement of the account. The offer is made with the agreement that upon acceptance, neither Debt Collector nor any associated company will pursue further action to collect on the debt, and Mr. Debt Man's credit file will be updated to show the debt as satisfied.

    Copyright:

    © All Rights Reserved
    Als DOCX, PDF, TXT herunterladen oder online auf Scribd lesen
    Markieren Sie unangemessene Inhalte
    9K Ansichten1 Seite

    Full and Final Settlement Letter Template

    Hochgeladen von

    SD
    Mr. Debt Man writes a letter to Debt Collector regarding a large outstanding debt. While unable to pay off the full amount, Mr. Debt Man offers to make an ex-gratia, or voluntary, payment in full and final settlement of the account. The offer is made with the agreement that upon acceptance, neither Debt Collector nor any associated company will pursue further action to collect on the debt, and Mr. Debt Man's credit file will be updated to show the debt as satisfied.

    Copyright:

    © All Rights Reserved
    Als DOCX, PDF, TXT herunterladen oder online auf Scribd lesen
    Markieren Sie unangemessene Inhalte
    von 1

    Mr A Debtor

    123 Debt Avenue


    Debtville
    D38 1BT
    8th March 2013
    Debt Collector
    123 Debt Collector Road
    Defaultville
    D3 1FL
    Without Prejudice
    Reference: 1BIGDEBT
    Dear Sir or Madam,
    I write with regards to the above account and the balance currently outstanding.
    I am unable to pay off the debt in full. However I am in a position to make an ex-gratia payment in
    full and final settlement of the above account. I can offer YOUR AMOUNT HERE as a full and
    final settlement of this debt.
    This offer is being made on the basis that, if accepted, neither you or any associate company will
    take any further action or enforce to pursue this debt in any way whatsoever and that I will be
    released from any liability.
    I also request that you make an entry on my credit file to mark the debt as satisfied in full.
    I can make payment within YOUR TIMEFRAME HERE of receiving your written acceptance and
    agreement of this offer.
    I look forward to hearing from you soon.
    Yours Faithfully

    Mr Debt Man

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