Common Contracts
1 similar Debt Settlement Agreement contracts
Debt settlement agreement letter templateDebt Settlement Agreement • February 1st, 2022
Debt Settlement. DEBT SETTLEMENT AGREEMENT Effective Date: , 20 This Agreement is for the negotiation and compromise of a debt under the following terms and conditions: The Parties. with a mailing address of , City of , State of shall be known as the “Creditor”. This is usually in the case when an individual wants to make a final payment for a debt that is owed. When mentioned jointly shall be known as the “Parties”. with a mailing address of , City of , State of shall be known as the “Debtor”. If the Creditor is a Business Entity, then an individual who is authorized by that Business Entity to sign this document on its behalf must sign his or her Name. This is the amount of money the Debtor has agreed to Pay in the manner defined here in exchange for the Creditor’s debt forgiveness. Through the mutual interest of the Parties, they agree that this outstanding debt shall be marked as paid if Debtor shall make payment of $ by , 20 . Mark the “Check,” “Bank Wire,” “Certified Check,” or “C
