This settlement letter from a creditor demonstrates the benefits of working with a professional debt settlement firm. In this case, our company, Instant Settlement Consultants, was able to negotiate a settlement of $1,670 on our client’s debt of more than $6, 700, just 25% of the amount the creditor was seeking.
March 21, 2016
This confirms our March 21, 2016 discussion regarding a settlement proposal for you account referenced above. We are pleased to be able to provide this opportunity for you to settle your account.
you MUST speak to an Account Manager to accept this offer.
As of the date of this letter, your account balance is 6,700.88. Upon receipt of 1,676.00 by the date set forth below,which is only 25% of your current balance, we will consider your account settled and will send an update to the credit reporting agencies reflecting such settlement.
Should you accept this proposal,the settlement agreement will be effective even though future statements will not reflect the settlement payment dates and amounts paid. It is important that you review the terms of the settlement proposal as outlined below: