This Negotiating Settlements with Creditors for Separation and Divorce Issues is in an easy-to-use letter format. This letter is for use by an individual who is separated or divorced and desires to settle an account with a creditor who has mistakenly tagged a credit file with a “bad debt.” This letter explains the circumstances surrounding the debt and informs the creditor that the writer has moved from the address where notices were sent and did not receive them. It also sets forth an offer to settle if the creditor will stop all negative reporting to the credit agencies. It is imperative that this type of negotiating be set forth in writing. In these economic times a high credit score is a must and it is each person’s responsibility to ensure that their credit report is correct.

This Negotiating Settlements with Creditors for Separation and Divorce Issues letter contains the following:

• Parties: The name and address of both the individual and the creditor;
• Account Details: Sets out any account or file number and the specific amount to settle the account;
• Settlement Negotiation: Sets out the specifics of the derogatory information and why the writer feels it should be removed from his/her credit report.

Protect Your Rights and Your Credit by using this accurate and up-to-date form. This attorney-prepared package includes:

1. Information
2. Negotiating Settlements with Creditors for Separation and Divorce Issues

State Law Compliance: This form complies with the laws of all states