Is it worth doing a debt relief program?

If you're one of the millions of Americans struggling to repay high-interest debt, a debt relief plan may be an option to help you get your finances on track. But it's not a quick fix. It's a long-term solution designed to help you get out of debt over a period of time typically several years.

US Legal Forms
Sample Letter to Opposing Counsel with Settlement Offer

Debt Settlement Letter Sample With Payment Plan In Pima

Category:

Letters - Legal - Settlements

State:

Multi-State

County:

Pima

Control #:

US-0011LTR

Format:

Instant download

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

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FAQ

If you're one of the millions of Americans struggling to repay high-interest debt, a debt relief plan may be an option to help you get your finances on track. But it's not a quick fix. It's a long-term solution designed to help you get out of debt over a period of time — typically several years.

Unfortunately, my circumstances are unlikely to improve in the foreseeable future and I have no assets to sell to help clear my debt. I am therefore asking you to consider writing off my debt as I can see no way of ever repaying it. If you are unable to agree to this, please explain your reasons.

I am writing this letter to state that on _ (Day) i.e. (Date), I got relieved from your _ (Company/ Organization) but my full and final settlement has not been done. I request you to kindly do the full and final settlement and send me all dues (if any).

I respectfully request that you forgive my alleged debt, as my condition precludes any employment, and my current and future income does not support any debt repayment. Please respond to my request in writing to the address below at your earliest convenience. Thank-you in advance for your understanding of my situation.

More info

Below, we've created an example of a debt settlement proposal letter that you can use as a guide. Your letter can be sent via your preferred contact method.This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. Not sure about how to counter your creditor's debt settlement offer? Download this free Debt Settlement Offer Letter sample. Our debt settlement agreement template helps to clearly outline repayment terms to reach a mutually agreeable solution. Use this letter to help you negotiate a full and final settlement offer with a creditor. Here is a sample letter showing how to request a settlement of your debt. You have 20 days to respond to a debt lawsuit in Arizona. Table 1: Option Payment Schedule.

Debt Settlement Letter Sample With Payment Plan In Pima

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FAQ

Is it worth doing a debt relief program?

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