Offer to Settle Debt with a Reduced Lump Sum Payment

This letter helps you settle an outstanding debt with a creditor for less than the full amount owed.

  • Product Details
  • If you have a lump sum you can put towards an outstanding debt, you are in a good position to get the creditor to agree to accept less than the full amount owed as settlement of the debt. Use this letter and instructions to simplify the process.