Sample Debt Settlement Letter - 34% Settlement Negotiated by Client

Sample Debt Settlement Letter -- $10,064 Saved!

As you struggle with your debt situation, imagine the positive effect it would have on your morale if you could get a creditor to forgive 66% of what you owe! That's exactly the result achieved on this settlement, with the creditor accepting $5,284 on a balance of $15,348. (Please see the second image below to see the statement showing the balance owed on this account, as the settlement letter itself does not show the balance.) And don't forget there was an additional savings of about $2,300 in settlement fees saved by using the do-it-yourself approach versus hiring a third-party settlement company.

Note: The image file below is a scanned reproduction of a faxed original. The client's name, address, and account information have been deleted to protect their privacy. No other alterations have been made in any way to the originals or the digital images.

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Sample Debt Settlement Letter - 34% Settlement Negotiated by Client

Monthly Statement Showing Original Balance Before Settlement

Charles J. Phelan has been helping people become debt-free without bankruptcy since 1997. A former executive in the debt settlement industry, he teaches the do-it-yourself method of debt negotiation. Audio-CD material plus expert personal coaching helps consumers achieve professional results at a fraction of the cost.
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How to Eliminate Your Debts Quickly and Safely Without Filing Bankruptcy

$100,000 in Credit Card Debt: Financial Survival Tactics for High-Balance Debtors & Small Business Owners