Idaho Sample Letter Confirmation concerning Settlement via Telephone Conversation

• Category: Letters - Legal - Settlements
• State: Multi-State
• Control #: US-0345LTR
• Format: Word; Rich Text

Description

Sample Letter Confirmation concerning Settlement via Telephone Conversation [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Name of Recipient] [Recipient's Address] [City, State, ZIP] Subject: Confirmation of Settlement via Telephone Conversation Dear [Recipient's Name], I hope this letter finds you well. I am writing to provide you with written confirmation of our recent settlement agreement reached during our telephone conversation on [Date]. This letter outlines the terms and conditions agreed upon, as discussed and mutually accepted between the parties involved. Settlement Agreement Details: 1. Parties involved: — [Your Name] (hereafter referred to as "Party A") — [Recipient's Name/Creditor's Name] (hereafter referred to as "Party B") 2. Background: Provide a brief overview of the situation or circumstance that led to the need for settlement. 3. Settlement Terms: Elaborate on the terms and conditions accepted by both parties during the telephone conversation. Include the following key components: — Payment Amount: Specify the agreed-upon settlement amount that Party A will pay to Party B. — Payment Method: Clarify the preferred mode of payment, such as cash, check, or electronic transfer. — Payment Deadline: Clearly state the deadline by which Party A must remit the settlement payment to Party B. — Waiver of Further Obligations: Confirm that both parties have acknowledged and released each other from any further obligations or liabilities in connection to the matter discussed. — Confidentiality: Include any agreements regarding the confidentiality of the settlement terms, if applicable. — Other Relevant Terms: Include any other significant terms that were discussed and agreed upon during the telephone conversation. 4. Legal Validity: Emphasize that this confirmation letter serves as a legally binding agreement between the involved parties and that it supersedes any prior verbal or written agreements. 5. Effective Date: Specify the date on which this settlement agreement becomes effective and enforceable. 6. Contact Information: Provide your contact information once again, including your email address and phone number, for any future correspondence or clarifications. Should any conflicts or discrepancies arise regarding the settlement terms outlined in this letter, please notify me within [number of days] days from the date of receipt of this letter. Failure to do so will be deemed as conclusive evidence of your acceptance and understanding of the terms therein. Thank you for your cooperation in resolving this matter amicably. I believe that this settlement agreement will enable both parties to move forward satisfactorily. Please keep a copy of this letter for your reference. Yours sincerely, [Your Full Name] Enclosure: [List any additional documents enclosed, if applicable]

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Name of Recipient] [Recipient's Address] [City, State, ZIP] Subject: Confirmation of Settlement via Telephone Conversation Dear [Recipient's Name], I hope this letter finds you well. I am writing to provide you with written confirmation of our recent settlement agreement reached during our telephone conversation on [Date]. This letter outlines the terms and conditions agreed upon, as discussed and mutually accepted between the parties involved. Settlement Agreement Details: 1. Parties involved: — [Your Name] (hereafter referred to as "Party A") — [Recipient's Name/Creditor's Name] (hereafter referred to as "Party B") 2. Background: Provide a brief overview of the situation or circumstance that led to the need for settlement. 3. Settlement Terms: Elaborate on the terms and conditions accepted by both parties during the telephone conversation. Include the following key components: — Payment Amount: Specify the agreed-upon settlement amount that Party A will pay to Party B. — Payment Method: Clarify the preferred mode of payment, such as cash, check, or electronic transfer. — Payment Deadline: Clearly state the deadline by which Party A must remit the settlement payment to Party B. — Waiver of Further Obligations: Confirm that both parties have acknowledged and released each other from any further obligations or liabilities in connection to the matter discussed. — Confidentiality: Include any agreements regarding the confidentiality of the settlement terms, if applicable. — Other Relevant Terms: Include any other significant terms that were discussed and agreed upon during the telephone conversation. 4. Legal Validity: Emphasize that this confirmation letter serves as a legally binding agreement between the involved parties and that it supersedes any prior verbal or written agreements. 5. Effective Date: Specify the date on which this settlement agreement becomes effective and enforceable. 6. Contact Information: Provide your contact information once again, including your email address and phone number, for any future correspondence or clarifications. Should any conflicts or discrepancies arise regarding the settlement terms outlined in this letter, please notify me within [number of days] days from the date of receipt of this letter. Failure to do so will be deemed as conclusive evidence of your acceptance and understanding of the terms therein. Thank you for your cooperation in resolving this matter amicably. I believe that this settlement agreement will enable both parties to move forward satisfactorily. Please keep a copy of this letter for your reference. Yours sincerely, [Your Full Name] Enclosure: [List any additional documents enclosed, if applicable]