[Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Position] [Company Name] [Company Address] [City, State, Zip Code] Dear [Recipient's Name], I hope this letter finds you well. I am writing to propose a counter offer in response to your settlement offer regarding [state the details of the settlement case]. After careful consideration and consultation with my legal team, I respectfully submit the following counter offer for your evaluation: 1. Settlement Amount: Instead of the proposed settlement amount of [EX], I propose a revised settlement amount of [BY]. This counter offer is based on [present your reasons and justifications for the revised amount, such as medical expenses, lost wages, emotional distress, and any other relevant financial implications caused by the incident]. 2. Payment Structure: In order to facilitate a mutually beneficial resolution, I suggest the revised settlement amount be paid in [state the preferred payment terms such as a lump sum payment or installment basis]. This will ensure a fair distribution of the agreed-upon settlement amount. 3. Release and Discharge: Upon receipt of the revised settlement amount, I agree to release and discharge [name of the company/individual] from any and all present and future claims arising from the aforementioned incident, except [state any exclusions or provisions you wish to include]. I believe my counter offer takes into account the extent of my damages and the potential costs associated with further litigation. By accepting this counter offer, we can avoid unnecessary time, expenses, and potential risks of court proceedings. I kindly request your prompt attention to this counter offer, as it represents a sincere effort to reach a resolution that is fair and just for all parties involved. I am open to further negotiation or discussion in order to successfully conclude this settlement process. Please acknowledge receipt of this counter offer by [mention a preferred method of communication, such as email or certified mail] to ensure its timely consideration. I look forward to your response within [mention a reasonable timeframe]. Thank you for your attention to this matter. I remain hopeful that we can reach a favorable settlement that satisfies both parties. Should you have any questions or require any additional information, please do not hesitate to contact me. Yours sincerely, [Your Name]
Alaska Sample Letter for Settlement - Counter Offer
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How to fill out Alaska Sample Letter For Settlement - Counter Offer?
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FAQ
Remain calm and analyze the offer even if you feel like the adjuster is trying to take advantage of you. Ask questions to find out how the adjuster came to the conclusion that they did. Develop and plan your response (which is often called a counteroffer). Respond to the offer in writing.
If you have determined to respond to a low settlement offer yourself, consider the following: Stay polite and professional. We understand it's a frustrating and emotional process. ... Ask questions. ... Offer the facts. ... Put your response in writing. ... Don't be bullied.
At present, I am badly short of funds due to (Give explanations why have you defaulted on payments, job loss, illness, etc) and cannot afford the amount you have proposed. So, I would like to propose a counter offer. I would like to offer an amount of $ to settle the outstanding debt amount of $ with you.
Rather, ask why the adjuster has provided this extremely low figure. You should then write a formal letter of response in which you state that you don't find the initial low settlement offer acceptable, listing the reasons why and concluding with a demand for a higher settlement offer.
Include a paragraph explaining your circumstances and details of your financial situation that you want the creditor to take into account. Enter the amount which you can afford to pay. and I want to offer this as full and final settlement of the account.
The Format of a Settlement Demand Letter A description of the accident. ... An explanation of why the defendant is at fault or otherwise liable for the claim. ... A brief description of your injuries and property damage. A brief description of your losses (medical expenses, lost earnings, pain and suffering, etc.).
How to Negotiate the Best Deal on Your Settlement Agreement Prepare Well for the Settlement Agreement Negotiation. ... Decide which negotiation tactics to use. ... Ask for a Protected Conversation with your Employer. ... Don't ask for too much. ... Don't ask for too little. ... Find out how the settlement payments will be taxed.
