This letter is intended to request for the settlement of my outstanding receivables from your kind side.

Sample letter of payment settlement. Debt Settlement Letter Example Debt Reduced by Over 60 The next debt was settled at a fraction of what was owed. The final settlement agreement letter includes the reason of coming to a peaceful mutual settlement and that both parties should agree to all the terms and conditions and legal implications and clauses. Acknowledge receipt of your recent letter containing a proposal to settle the overdue debts on your account.

Variety of settlement offer letter template that will perfectly match your needs. I am sending this letter in hopes that we may reach an amicable settlement in the case referenced above. An agreement letter for payment can outline the specific demands of the amortization schedule and the proper execution of the payment transactions for the principal borrowed amount to be covered and paid.

For the avoidance of doubt this willingness does not constitute a formal variation to our agreement and our rights are fully reserved. Willing to accept payment as you propose. Payment will be made pursuant to applicable regulations and the interest provisions of the Prompt Payment Act.

The Debt Settlement Offer Letter is a form that is used to convey that a debt is willing to be closed if the parties agree to new terms. Full and Final Settlement letter for outstanding debt stating debt amount reason for payment delay and proposed repayment schedule with creditors acceptance acknowledgement. Provided that you sign and return this Agreement and it thereafter becomes effective as described below you will receive a settlement payment equivalent to _____of your base salary for a total amount of _____ Settlement Payment.

Enclosed please find the copy of Cheque No452265 dated 18102012 drawn on SBI Bank towards payment of amount in full and final settlement of dues against your employment with the Company in the manner as detailed in your letter dated 05092012. Full Final Settlement. Please be advised that although I am hopeful that we can reach a settlement on the below terms this letter does not constitute a binding legal agreement.

Typically this letter is from the debtor in order to offer a lump sum payment if the creditor is willing to release the burden of the full amount. There are many situations when a customer or leaser cant make the lease payment on time and as a result the bank or the leasing company takes back the car until there is some kind of settlement regarding the lease payment. The debtor understands that they have outstanding debts and explains the following reasons.