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    Counter Offer

    Uploaded by

    Nadz Fajardo
    This letter is a response to a debt settlement offer, proposing to pay $XX to settle the full debt. It requests that late payments and charge-offs be removed from the credit report. The letter explains that the individual has limited funds and has settled other debts, so this is the best offer that can be made. It asks the creditor to sign and return an acknowledgment of the proposal.

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    Counter Offer

    Uploaded by

    Nadz Fajardo
    341 views3 pages
    This letter is a response to a debt settlement offer, proposing to pay $XX to settle the full debt. It requests that late payments and charge-offs be removed from the credit report. The letter explains that the individual has limited funds and has settled other debts, so this is the best offer that can be made. It asks the creditor to sign and return an acknowledgment of the proposal.

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    Counter Offer

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    This letter is a response to a debt settlement offer, proposing to pay $XX to settle the full debt. It requests that late payments and charge-offs be removed from the credit report. The letter explains that the individual has limited funds and has settled other debts, so this is the best offer that can be made. It asks the creditor to sign and return an acknowledgment of the proposal.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    341 views3 pages

    Counter Offer

    Uploaded by

    Nadz Fajardo
    This letter is a response to a debt settlement offer, proposing to pay $XX to settle the full debt. It requests that late payments and charge-offs be removed from the credit report. The letter explains that the individual has limited funds and has settled other debts, so this is the best offer that can be made. It asks the creditor to sign and return an acknowledgment of the proposal.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    Your Name

    Your Address

    Your Phone #
    Creditor's Name
    Department
    Creditor's Address
    Date

    Dear Sir/Madam,
    Re: Account Number
    I appreciate that your company is willing
    to work with me in settling my debt so
    that I may pay it off. This letter is to
    make a counter offer in response to the
    settlement offer made by your company,
    which I received on Date .
    The amount that I propose to settle the
    debt in full is $ . I would also like to
    request that you remove any late
    payments or charge-offs on this account
    from my credit report.
    I have several debt accounts that I am
    attempting to settle as well.
    Unfortunately, I have a limited amount of
    funds. So, I can only pay those creditors
    who are willing to meet my terms. I have
    already reached several mutually
    agreeable settlements with other
    creditors, and I doubt that I'll have
    enough funds to pay everyone.
    If your company is willing to accept my
    proposal, please sign the attached letter
    agreeing to my proposal and return a
    copy to me. As soon as I receive this
    signed acknowledged agreement, I shall
    send you a money order in the amount
    I've proposed.
    Sincerely,
    Your Signature

    Your Name

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