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DEBT SETTLEMENT AGREEMENT THIS DEBT SETTLEMENT AGREEMENT is made this. Day of 20 BETWEEN [name of the creditor] of [address] (hereinafter called the creditor) of the one part and [name of the debtor]
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How to fill out debt settlement agreement templatesample

01
Fill in the personal information of the debtor and creditor.
02
Specify the amount of debt owed and the agreed upon settlement amount.
03
Include payment terms and any deadlines for payment.
04
Outline any consequences for defaulting on the agreement.
05
Sign and date the agreement, and have it notarized if necessary.

Who needs debt settlement agreement templatesample?

01
Individuals who are looking to settle their debts with creditors.
02
Creditors who want to formalize a settlement agreement with a debtor.
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A debt settlement agreement template sample is a written agreement between a debtor and a creditor outlining the terms of the settlement of a debt.
Both the debtor and the creditor are required to sign and file the debt settlement agreement template sample.
The debt settlement agreement template sample should be filled out with the names and contact information of the debtor and creditor, details of the debt being settled, the agreed upon payment terms, and signatures of both parties.
The purpose of a debt settlement agreement template sample is to provide a legally binding document outlining the terms of the settlement of a debt to protect both parties.
The debt settlement agreement template sample must include the names and contact information of both parties, details of the debt being settled, the agreed upon payment terms, and the date of the agreement.
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