Agreement to Compromise Debt

AGREEMENT TO COMPROMISE DEBT   FOR VALUE RECEIVED, the undersigned being a creditor of _ (Organization) hereby enters into an agreement to compromise and reduce the indebtedness due the undersigned on the below mentioned terms and conditions: 1. The Organization and the undersigned acknowledge that the present debt due is $_. 2. The parties agree … Read more

Sample Letter of Understanding and Agreement Letter

June 22, 2007 From, Ms. Katie Cooper 21, Trent Drive New Jersey – USA To, Mr. Alan McKinsey 46, Porters Ave Alabama – USA Dear Mr. McKinsey This letter summarizes the understanding we have reached regarding the terms and conditions of sale of the website www.xyz.com. To be certain this letter accurately reflects our understanding, … Read more