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Our carefully prepared questionnaires take out the guess work. Your answers fill in the forms easily and correctly, the first time.
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What's a debt settlement agreement?
When a borrower defaults on a loan it can cause stress and conflict for everyone involved. That's where a debt settlement agreement, also known as a debt settlement letter, comes in. Rather than chasing down or avoiding payments, an agreement can help the parties come together and renegotiate terms. The goal is to establish new rules that help the borrower avoid defaulting again.
Here's the info you'll need to have handy to complete your doc:
Who it's coming from
Determine if a business or individual is sending the doc and have the name and contact info ready.
Who it's going to
Know who this doc is going to and have the individual or business name and contact info ready. If it's a business, make sure you know the business type (LLC, corporation, etc.).
Which state will govern it
Specify a state so it's clear what laws apply to the document.
Have information about the amounts paid and debts owed.