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Brachfeld Associates – Sample Letter

RE: Sears

File No. 10051062

Principal: $1,354.90
Interest: $43.06
Costs: $0.00

Balance Due: $1,397.96

Dear     :

This letter shall serve to confirm that our client has agreed to settle the above referenced account for a final payment of $530.00. Your payment must be received on or before September 30, 2008.

Upon receipt of good funds we will consider this account resolved. In addition to that we will contact our client to reflect paid status on the credit report. If payment is not received within the agreed upon date, or is not honored by the bank, we reserve the right to continue legal action for the full balance less payments actually made plus interest.

Very truly yours,

Natasha Tryon
Manager of Operations