Letter to Settle Past Due Account
for Your State
This Letter to Settle Past Due Account is used by a debtor who wishes to settle a past due account. This letter sets out the proposed terms of the settlement and requests that creditor remove any negative information from debtor's credit file. It is important that any offer to settle a debt be set out in writing.
This Letter to Settle Past Due Account is for use when a debtor desires to settle a past due account. This letter sets forth the name and address of the creditor or collection agency, account number and the proposed amount to settle the account. It also sets forth if settlement will be made in one lump sum or by payments for a set amount of time. In addition, this letter requests that any negative credit information be deleted from debtor’s credit files. It is imperative that this letter be set out in writing. A written offer to Settle Past Due Account will serve as official notice that a debtor is offering to settle an account.
This Letter to Settle Past Due Account includes the following:
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This attorney-prepared packet contains:
This Letter to Settle Past Due Account includes the following:
- Creditor Information: Sets out the name and address of the creditor or collection agency and the debtor’s account number;
- Proposed Settlement: Sets forth the debtor’s proposed terms to settle the account including if payment will be made in one lump sum or in payments over a number of months;
- Credit Information: The debtor requests that all negative credit information be removed from his or her credit report;
- Certified Mail: This letter should be sent via certified mail or any other type of mail where the debtor will have proof that creditor received the settlement offer.
Protect yourself and your rights by using our professionally-prepared forms.
This attorney-prepared packet contains:
- Letter to Settle Past Due Account
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
Number of Pages3
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#29252
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
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