[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Counter Offer for Settlement Agreement Dear [Recipient's Name], I hope this letter finds you well. I am writing to discuss the settlement offer you presented to me regarding our ongoing dispute. After careful consideration and professional advice, I would like to make a counteroffer in hopes of reaching a fair and mutually agreeable resolution. Firstly, I would like to express my appreciation for your efforts in initiating settlement negotiations. This demonstrates your willingness to avoid prolonged legal proceedings and unnecessary costs for both parties involved. Though I understand your initial proposal, I believe there is room for negotiation and adjustments. Regarding the settlement amount, I propose a counteroffer of [enter your desired settlement amount]. I arrived at this figure after thoroughly analyzing the facts of the case, including the damages and losses incurred due to the dispute. This counteroffer aligns with prevailing market standards and ensures an equitable outcome for both parties. In addition to the settlement amount, there are certain terms and conditions I would like to revise. Kindly consider the following amendments to the original proposal: 1. Timeline: I suggest extending the timeline for payment to [enter desired payment timeline], allowing me sufficient time to manage the financial implications of the settlement. 2. Confidentiality: It is crucial to include a confidentiality clause within the settlement agreement to protect both parties involved from any potential reputational harm. I propose that a mutually agreed-upon confidentiality clause be inserted to safeguard our respective interests. 3. Legal Expenses: In order to alleviate the financial burden incurred during this dispute, I kindly request that both parties be responsible for their own legal expenses. This adjustment would foster a fair and equitable resolution and prevent any further disagreement regarding legal fees. I believe that these proposed adjustments will facilitate a resolution that benefits both parties. By considering this counteroffer, we can avoid protracted litigation, preserve valuable time and resources, and move forward amicably. Please take the time to review this counteroffer in detail. I kindly request a response within [enter a reasonable timeframe, e.g., 14 days] from the date of this letter. I am confident that through respectful negotiation, we can reach a settlement that satisfies all parties involved. Thank you for your attention to this matter. I look forward to your response and the possibility of reaching a favorable resolution. Yours sincerely, [Your Name]
West Virginia Sample Letter for Settlement - Counter Offer
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How to fill out West Virginia Sample Letter For Settlement - Counter Offer?
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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.).
Things to Include in a Full and Final Settlement Letter Amount of settlement. Cheque of the settlement amount. Date of employees' resignation/termination. Date for which cheque is given. Statement of the account.
I would like to offer an amount of to settle the outstanding debt amount of $ with you. I also like to request you to include the following conditions as a part of my settlement offer: My account will be showing as 'paid in full' with no future liability or involvement.
I am able to pay the amount I have offered within [insert length of time within which you can pay] once you have accepted my offer and I have received written agreement of this. Please confirm where to make payment to. This letter clearly states your intentions and what you need the creditor to do.
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.
What Should Be Included in a Settlement Agreement? Identifying information for all involved parties. A description of the issue you're seeking to settle. An offer of resolutions that both parties agree to. Proof of valid consideration from both parties without coercion or duress. Legal purpose.
How to make a Full & Final Settlement Offer Calculate your repayment offer ? This must be submitted to your creditors. Request confirmation in writing ? Make sure your creditors have confirmed their acceptance of your offer before you make any deposits.
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.
