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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

Debt Relief Options

Put Your Head in the Sand
Rob Peter to pay Paul
Bulldozer approach
Informal Strategies—Debt Management and Debt Settlement
Formal Strategies—Chapter 7 and Chapter 13

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Options Comparison Chart

Here is Chart which outlines the Pluses and Minuses of the Informal and Formal Strategies to solving your financial problems. This is the only Chart of its kind and we have to discuss and explain it to you because most clients still have many questions about it due to the fact that it is so unique.

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