Northland Group, Inc. - Sample Letter

Dear     :

In order to assist you in clearing this debt, we are offering options.

Option I: Our client, Citibank will allow you to settle your account for $2,972.55 in 4 payments starting on 11/12/08. The first three payments will be $743.00 and the fourth payment will be $743.13. The payments can be no more than 30 days apart. Upon receipt and clearance of all four payments, this account will be considered satisfied and closed, and a release letter will be issued.

Option II: Our client, Citibank will allow you to settle your account for $2,675.30 in 2 payments starting on 11/12/08. The payments can be no more than 30 days apart. Upon receipt and clearance of both payments of $1,337.65, this account will be considered satisfied and closed, and a release letter will be issued.

Please contact the representative below if you have any questions. These are not your only options. Make check payable to Citi.

As of the date of this letter, the current balance on your account is $5,945.10. Because of interest that may vary from day to day the balance due on the day you pay may be greater. This does not affect the settlement offer.

Sincerely,

Brian Archer