Heres a letter I came up with by taking parts from 3 different PFD letters. Let me know what yall think. CA's Name and Address Date Account # Dear Sir or Madam: This letter is an offer to amicably settle the above account. It is not to be construed as an acknowledgment of my liability for this debt in any form. I will pay your company the amount of $xx.xx as full settlement of this account. If you accept this agreement, I will send you a money order or certified cashiers check for the settlement amount of $xx.xx in exchange for a full deletion of all references regarding this account from my credit profile and full satisfaction of the debt, WITHIN TEN CALENDAR (10) DAYS following receipt of payment. This agreement is binding and will be void should you not hold up to your end of the agreement. Furthermore the debt will be deleted from my credit profile at all three credit bureaus (Equifax, Experian and TransUnion), or the bureaus your company regularly reports to in the course of doing business. If you agree to the above terms, please prepare a letter on your company letterhead explicity agreeing to the same terms as the above settlement offer and have it signed by an authorized representative of Collection agenicies name , and return a copy to me. It will be implied that this letter shall constitute a legally binding contract, enforceable under the laws of my state. Notice: This agreement is restricted. This is not a renewed promise to pay, but rather a restricted settlement offer only. By not signing below, you agree that the debt has not been renewed nor have any concrete written agreements been exchanged. Thank You. I look forward to resolving this matter in the best interest for both of our parties. Creditorâ??s Authorized Signature: _____________________ Date:____________ Name: ______________________ Title : _____________________________ your name and address
