Writing A Debt Settlement Letter

Writing A Debt Settlement Letter.

A Debt Settlement Letter is drawn up when a debtor is unable to pay the full amount of the money borrowed and an agreement has been reached as to what the settlement amount and payment terms are. It is required to have a debt settlement letter when negotiating debt and paying the new agreed settlement. The letter will be sent from the creditor(s) confirming an offer to settle the debt, the amount […]