This letter should be sent to creditor's that have re-verified and validated your accounts in order to request a settlement. Print, fill out and enclose a Debt Settlement Agreement of your choice from our website to complete. Or while you are editing this document, delete the sentence in the last paragraph, “I have taken the liberty of enclosing such an agreement which you may consider.” and send as is.
To Whom It May Concern:
RE: Debt Settlement Proposal
This is a restricted offer. If you agree, sign and return the enclosed agreement, I will send payment by certified mail. The terms of this offer are confidential. I will make no payment without a written agreement.
I will pay you $_______________________ in full satisfaction of this debt.
Upon receipt of the payment, your company will report this debt to all three major credit reporting agencies (Equifax, Experian, and TransUnion) as paid as agreed and you will remove all references to delinquency on this account. As the company reporting the status of this account, you have full authority to change the way it is listed with credit agencies.
With regard to account #______________________, which I do not acknowledge to be a debt I owe, I make the following settlement offer in order to conclude this matter as swiftly as possible.
This is not a renewed promise to pay and it is not an agreement unless you sign it and return it or we mutually sign a written agreement document. I have taken the liberty of enclosing such an agreement for your consideration. I maintain my right to seek further proof of this debt.
Sincerely,