This form is a sample letter in Word format covering the subject matter of the title of the form.
[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP Code] Re: Settlement Offer and Notice of Potential Default Judgment Dear [Recipient's Name], I hope this letter finds you well. My purpose in writing to you today is to extend a settlement offer in an attempt to resolve the ongoing legal matter between us. Additionally, I must inform you that your failure to respond to or accept this offer within the specified timeframe may lead to the filing of a Default Judgment against you. Firstly, let me provide some context regarding the situation at hand. As you are aware, we are currently involved in a legal dispute regarding [briefly describe the nature of the dispute]. Despite our best efforts to find a resolution thus far, it appears that progress has been impeded, resulting in prolonged litigation. In an effort to avoid further legal complications and potential monetary losses, we propose the following settlement terms: 1. Payment: We request a lump sum settlement payment of [amount in dollars] to be made within [specific deadline, e.g., 30 days] from your acceptance of this offer. 2. Full and Final Settlement: Upon receipt of the agreed settlement amount, we will consider the matter fully resolved with no further obligations or claims against you in relation to this dispute. 3. Confidentiality: Both parties shall maintain the confidentiality of this settlement agreement, ensuring that no information or details regarding this dispute, settlement terms, or negotiations are shared with any third party, except as required by law. We believe that accepting this settlement offer is in the best interest of all parties involved. By doing so, we can reach an amicable resolution, saving both time and resources. However, in the event that you choose not to respond or reject this offer within [specific deadline, e.g., 14 days] from the date of this letter, please be advised that we will have no choice but to file for a Default Judgment against you. A Default Judgment, if granted, would be made in absence of your response or presence in a court proceeding. This may result in unfavorable consequences, including additional financial obligations and potential damage to your credit rating. We strongly advise against allowing this situation to escalate to such an outcome. In light of the aforementioned settlement offer and the potential consequences of a Default Judgment, we kindly request that you respond to this letter as soon as possible. If you require any further clarification or have additional proposals for settlement, please do not hesitate to contact me at [your phone number] or [your email address]. Time is of the essence, and by acting swiftly, we can bring this dispute to a fair and expedient conclusion. We hope that you will give serious consideration to this settlement offer in order to avoid further legal measures. Thank you for your prompt attention to this matter, and we look forward to receiving your response. Sincerely, [Your Name]
[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP Code] Re: Settlement Offer and Notice of Potential Default Judgment Dear [Recipient's Name], I hope this letter finds you well. My purpose in writing to you today is to extend a settlement offer in an attempt to resolve the ongoing legal matter between us. Additionally, I must inform you that your failure to respond to or accept this offer within the specified timeframe may lead to the filing of a Default Judgment against you. Firstly, let me provide some context regarding the situation at hand. As you are aware, we are currently involved in a legal dispute regarding [briefly describe the nature of the dispute]. Despite our best efforts to find a resolution thus far, it appears that progress has been impeded, resulting in prolonged litigation. In an effort to avoid further legal complications and potential monetary losses, we propose the following settlement terms: 1. Payment: We request a lump sum settlement payment of [amount in dollars] to be made within [specific deadline, e.g., 30 days] from your acceptance of this offer. 2. Full and Final Settlement: Upon receipt of the agreed settlement amount, we will consider the matter fully resolved with no further obligations or claims against you in relation to this dispute. 3. Confidentiality: Both parties shall maintain the confidentiality of this settlement agreement, ensuring that no information or details regarding this dispute, settlement terms, or negotiations are shared with any third party, except as required by law. We believe that accepting this settlement offer is in the best interest of all parties involved. By doing so, we can reach an amicable resolution, saving both time and resources. However, in the event that you choose not to respond or reject this offer within [specific deadline, e.g., 14 days] from the date of this letter, please be advised that we will have no choice but to file for a Default Judgment against you. A Default Judgment, if granted, would be made in absence of your response or presence in a court proceeding. This may result in unfavorable consequences, including additional financial obligations and potential damage to your credit rating. We strongly advise against allowing this situation to escalate to such an outcome. In light of the aforementioned settlement offer and the potential consequences of a Default Judgment, we kindly request that you respond to this letter as soon as possible. If you require any further clarification or have additional proposals for settlement, please do not hesitate to contact me at [your phone number] or [your email address]. Time is of the essence, and by acting swiftly, we can bring this dispute to a fair and expedient conclusion. We hope that you will give serious consideration to this settlement offer in order to avoid further legal measures. Thank you for your prompt attention to this matter, and we look forward to receiving your response. Sincerely, [Your Name]