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
TO: FROM: WE REPORT AS FOLLOWS: 25. Just relocated at new address;—following A. DEBTOR’S ATTITUDE: 26. Lives in remote district: 1. Promises to pay later hard to contact personally 2. Ignores requests 27. Debtor is a minor. Trying 3. Disputes claim for settlement 4. Refuses to pay 28. Debtor judgment-proof; 5. Claims account is … Read more
FOR VALUE RECEIVED, the undersigned being a creditor of _ (Organization) hereby agrees into an agreement to compromise and reduce the indebtedness due the undersigned on the subsequent terms and conditions: 1. The Organization and the undersigned party recognizes that the present debt due is of the amount $_. 2. Both the parties agree that … Read more
