2025年1月2日 · A debt settlement offer is a legal document that proposes a new arrangement to resolve a debt. Generally, the debtor sends this letter to suggest a one-time payment, which is less than the full amount owed, in exchange for the creditor forgiving the remaining balance.

2025年2月2日 · A settlement offer letter will contain your proposal to offer some sum of money to the creditor in exchange for forgiveness of the rest of your debt. The letter should typically explain why you can’t pay the full debt, how much you're willing to pay right now, and the exact action you want in return from the creditor.

2023年11月20日 · If you have debts that you cannot pay, debt settlement is a way to reduce them. Your debt settlement letter will offer a proposal to settle your debt in full for less than the amount you owe. A well-prepared letter has a better chance of success.

2019年6月18日 · Use this template letter to make an initial debt settlement offer if the debt is still with the original creditor. It includes a negotiating point requesting to remove any late payments or charge-off statuses from your credit report.

A debt settlement offer letter is a written proposal that a debtor or his attorney sends to a creditor or a debt collections agency to offer a specific amount of money to forgive a debt. A creditor may also send a debtor an offer letter.

2024年4月11日 · You can draft your own debt settlement letter using our sample letter below, or start the debt negotiation process with SoloSettle to get the ball rolling on settling your debt. Is a debt collector pursuing you for an old debt you wish was long behind you?

When you send a debt settlement offer letter to a creditor, it’s important that you explain to them how you plan to settle the outstanding amount, along with any payment amounts and scheduled dates.

2025年2月3日 · Purpose of a Debt Settlement Letter. A debt settlement letter is written by a debtor to propose a specific payment amount to settle a debt. The letter serves to: Offer a lump sum payment that is typically less than the full amount owed. Seek closure of the debt in exchange for the payment. Create a written record of the settlement offer. Key ...

I am writing to propose a settlement offer to resolve the matter related to [briefly describe the case, e.g., personal injury, property damage, contractual dispute, etc.], with reference to the above-mentioned case or file number.