DEBTOR TEMPLATE
Settlement Offer Template
Professional template for debtors to propose settlement terms with payment schedule, conditions, and negotiation points.
What's Included:
- ✓Professional settlement proposal format with clear terms
- ✓Payment schedule options (lump sum or installments)
- ✓Reduced amount calculation and justification language
- ✓Conditions for settlement (release of judgment, credit reporting)
- ✓Response deadline and acceptance terms
- ✓Good faith statement and hardship explanation (optional)
How to Use This Template:
1
Calculate Your Offer
Determine a realistic settlement amount (typically 40-70% of judgment) based on your financial situation.
2
Customize Payment Terms
Choose lump sum or installment plan, set payment dates, and specify conditions for settlement.
3
Submit and Follow Up
Send via certified mail, keep a copy for records, and follow up if no response within deadline.
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