Debt Settlement Offer Letter Template

You can open the Debt Settlement Offer Letter Template in multiple formats, including PDF, Word, and Google Docs.

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Debt Settlement Offer Letter Template

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Debt Settlement Offer Letter Template (1)
From:
[Name of the Creditor]
[Creditor’s ID]
[Creditor’s Address]
[Creditor’s Phone]
[Creditor’s Email]
To:
[Name of the Debtor]
[Debtor’s ID]
[Debtor’s Address]
Date:
[Date of the Offer]
Subject:
Debt Settlement Offer
Dear [Name of the Debtor],
Introduction:
This letter serves to formally present a debt settlement offer regarding your outstanding balance of [Total Debt Amount] with [Creditor’s Company Name].
Offer Details:
We propose a settlement amount of [Settlement Amount] to resolve the above-mentioned debt. This amount is to be paid by [Payment Method] within [Specify Timeframe].
Conditions of Acceptance:
To accept this offer, please review and sign the enclosed agreement. Upon receipt of the settlement amount, the outstanding balance will be considered paid in full.
Impact on Credit Score:
Please be advised that settling your debt may still impact your credit score. However, settling could also prevent further collection actions being taken against you.
Confidentiality Clause:
This offer and any related information must be kept confidential and not disclosed to any third party.
Governing Law:
This agreement shall be governed by the laws of [Jurisdiction].
We look forward to resolving this matter amicably. Please respond by [Response Deadline] to confirm your acceptance of this offer.
Sincerely,
[Signature of the Creditor]
[Name of the Creditor]
[Title]
[Company Name]
Debt Settlement Offer Letter Template (2)
From:
[Name of the Creditor]
[Creditor’s ID]
[Creditor’s Address]
[Creditor’s Phone]
[Creditor’s Email]
To:
[Name of the Debtor]
[Debtor’s ID]
[Debtor’s Address]
Date:
[Date of the Offer]
Subject:
Debt Settlement Proposal
Dear [Name of the Debtor],
Background:
This offer is related to your outstanding debt balance of [Total Debt Amount] with us as of [Date].
Settlement Proposal:
We propose a reduced settlement figure of [Settlement Amount]. This amount is expected to be paid by [Payment Method] no later than [Specify Timeframe].
Acceptance Terms:
To validate this offer, please sign and return the attached agreement. Once payment is processed, your debt will be marked as settled.
Credit Implications:
Please be aware that this settlement may reflect on your credit report for a period of time, but it will be viewed more favorably than an unresolved debt.
Confidential Agreement:
This offer and its contents must remain confidential and not shared with any unauthorized parties.
Applicable Law:
The governing law for this agreement will be that of [Jurisdiction].
Please confirm your acceptance by [Response Deadline]. We hope to conclude this matter positively.
Sincerely,
[Signature of the Creditor]
[Name of the Creditor]
[Title]
[Company Name]

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Format

Please complete the form below to create the Debt Settlement Offer Letter Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Debt Settlement Offer Letter Template

1. Debtor Information


2. Creditor Information


3. Account Details

4. Offer Details

5. Rationale for Settlement

6. Payment Terms

7. Acknowledgment of Debt

8. Acceptance of Offer

9. Signatures and Acceptance

10. Declaration and Signatures



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Debt Settlement Offer Letter Template

Printable | Editable Form

PDF 1 PDF 2

Debt Settlement Offer Letter Template