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Debt Settlment Counter Offer

December 19th, 2010

Read about a consolidation deal here.

You could supply a counter provide for debt settlement. Here is really a letter you are able to potentially send, just use it like a guideline or even use a company for example Curadebt to help you. Here is exampl text: I appreciate that your organization is prepared to negotiate with me for settlement of my debt. This letter is to create a counter offer in response to the quantity your representative wants me to pay for payment of credit card debt in complete. The quantity that I wish to supply you for payment of my financial credit card debt is $X. Unfortunately, I don’t have sufficient cash to pay all my creditors. So, I can only settle financial debt with those lenders who’re prepared to meet my terms. Nevertheless, I’ve been able to negotiate effectively having a couple of creditors and I doubt if I will have enough funds remaining at the end of this month. I would request, as component of the settlement, you to help me remove any negative listing this kind of as late payment, charge-off etc on this account from my credit file. In fact, I’d be willing to offer you more cash if you’re able to report my account status as Compensated in complete towards the credit score bureaus. Should you believe these terms agreeable, please sign the attached letter of agreement and return a copy to me. Upon receipt of this signed acknowledged agreement, I will send you a cash purchase within the quantity as stated above.

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