Debt Settlement Agreement

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THIS DEBT SETTLEMENT AGREEMENT (the "Agreement") is dated this _______ day of ____________________, ______.

__________________________________________________________

(the "Creditor")

__________________________________________________________

(the "Debtor")

BACKGROUND
WHEREAS the Debtor owes a debt to the Creditor, and the Parties agree that the total amount presently owing, including principal, interest, and any applicable fees is $___________ (the "Outstanding Debt"); and
WHEREAS the Outstanding Debt arose from a credit card account associated with account number _____________________________________, which went into arrears on June 25, 2026; and
WHEREAS the Creditor is the original creditor under that agreement; and
WHEREAS the Debtor and Creditor desire to settle the Outstanding Debt on the terms and conditions set forth herein; and
THEREFORE, in consideration of the mutual covenants and promises contained herein, the Creditor and the Debtor (individually the "Party" and collectively the "Parties" to this Agreement) agree as follows:

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Debt Settlement Agreement Document Preview