Plaza Associates Settlement Letter

SAMPLE ONLY
U.S. Financial Management is NOT affiliated
with this company. U.S. Financial Management
is NOT a collection agency. This letter is an example
settlement we have obtained for a client.

ACTUAL SETTLEMENT LETTER

December 2, 2005

Goleta, CA 93117-2820

Client: Citibank South Dakota, NA Visa/ MC
Re:
Balance:    $2,828.66
Account:    #
Control:     #

Dear

Please be advised that this office in concurrence with our client, Citibank South Dakota, NA Visa/ MC, agrees to accept one payment in the amount of $1,300.00 in settlement of the above referenced account.

Said sum must be in the form of a Personal Check Via Telephone to be received by this office on or before 12/09/05. To ensure proper delivery, please forward said payment in the form of Personal Check Via Telephone via overnight express courier service.

Upon clearance of your Personal Check Via Telephone, a letter will be provided to you stating said account has been “Settled”. Furthermore this office agrees to advise our client to update your credit report accordingly.

If there should be any questions with respect to this matter, don’t hesitate to contact this office at .

Sincerely,

Collections Manager,
Collection Operations

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