Title: Collin Texas Receipt for Payment Discharging Undisputed Claim in Full of Acceptance by Creditor of Amount Less Than Claim Description: A Collin Texas Receipt for Payment Discharging Undisputed Claim in Full of Acceptance by Creditor of Amount Less Than Claim is a legal document that acknowledges the settlement of a debt or disputed claim between a debtor and creditor in Collin County, Texas. When the creditor agrees to accept an amount less than the total claim as full payment, this receipt serves as proof of the settlement and discharges the debtor from any further financial obligations. Types of Collin Texas Receipt for Payment Discharging Undisputed Claim in Full of Acceptance by Creditor of Amount Less Than Claim: 1. Collin Texas Receipt for Partial Payment Discharging Undisputed Claim: This type of receipt is issued when the creditor and debtor agree to a settlement amount that is less than the original claim, but not the full amount of the debt. It confirms the partial payment and discharges the debtor's obligation for the settled portion. 2. Collin Texas Receipt for Full Payment Discharging Undisputed Claim: This receipt is issued when the debtor manages to settle the entire disputed claim by paying an amount less than what was initially stated by the creditor. It serves as proof of full payment, discharging the debtor from any further obligation related to the claim. 3. Collin Texas Receipt for Payment Discharging Undisputed Claim with Acceptance of Settlement Agreement: In some cases, rather than accepting a reduced amount, the creditor may propose an alternative settlement agreement that involves non-monetary terms or other concessions. This receipt acknowledges the acceptance of such settlement terms, discharging the debtor from future liability upon fulfillment of the agreed-upon terms. Keywords: Collin Texas, Receipt for Payment, Discharging Undisputed Claim, Acceptance by Creditor, Amount Less Than Claim, legal document, settlement, debtor, creditor, partial payment, full payment, settlement agreement, proof of payment, discharge of obligation, settlement terms.