Notice of Final Payment of Account

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This Notice of Final Payment of Account will notify a creditor that a payment will be made in full and final satisfaction of a debt. This letter can easily be tailored to meet your needs.

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This Notice of Final Payment of Account is from a debtor to notify a creditor that a final payment of a disputed account will be made. This letter sets forth the gist of any recent conversations or correspondence and the nature of the debt (i.e. services rendered or goods provided). It also encloses a check which will represent final payment on the indebtedness. It is important that this type of notice be clearly set forth in writing. A written Notice of Final Payment of Account will ensure that final payment is received by the creditor and their acceptance of the payment as final settlement of the debt.

This Notice of Final Payment of Account includes:
  • Parties: Names of both creditor and debtor;
  • Nature of Debt: Brief description of the debt for which the payment is made;
  • Acceptance of Payment: Encloses a check as final payment on the account and that by accepting such payment the debt is considered as paid in full.

Protect yourself and your rights by using our attorney-prepared forms.

This attorney-prepared packet contains:
  1. General Instructions
  2. Notice of Final Payment of Account
State Law Compliance: This form complies with the laws of all states
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.
 
 
Notice of Payment in Final
Settlement of Account

 

Date (ie. July 31, 2000)
 
 
 
 
 
Name of Creditor (Person to Whom Debt is Owed)
Address of Creditor
 
Dear Sir or Madam:
 
I refer to our recent  with you, pursuant to which we disputed the amount being claimed by you in relation to the Describe Nature of Indebtedness (contracting services you provided to us).
 
I enclose a check payable to you in the amount of Amount of Check being Tendered (ie. $2,000.00) which is being tendered in full payment of the Describe Nature of Indebtedness (balance owing on the contracting services you provided to us).
 
By accepting such payment, you are deemed to have accepted the same in full satisfaction of such obligation, and we consider debt to be satisfied in full.
 
This payment is being made without prejudice to any rights we may have against you for any reason whatsoever.
 
Yours truly,
 
 
 
                  
Your Name
Number of Pages3
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#28670
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.
 
 
Notice of Payment in Final
Settlement of Account

 

Date (ie. July 31, 2000)
 
 
 
 
 
Name of Creditor (Person to Whom Debt is Owed)
Address of Creditor
 
Dear Sir or Madam:
 
I refer to our recent  with you, pursuant to which we disputed the amount being claimed by you in relation to the Describe Nature of Indebtedness (contracting services you provided to us).
 
I enclose a check payable to you in the amount of Amount of Check being Tendered (ie. $2,000.00) which is being tendered in full payment of the Describe Nature of Indebtedness (balance owing on the contracting services you provided to us).
 
By accepting such payment, you are deemed to have accepted the same in full satisfaction of such obligation, and we consider debt to be satisfied in full.
 
This payment is being made without prejudice to any rights we may have against you for any reason whatsoever.
 
Yours truly,
 
 
 
                  
Your Name

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