Debt Settlement Counter Offer Letter (Free Sample)
Use this sample debt settlement counter offer letter as a template for your formal counter offer letter.
Last updated on September 22, 2021
Debt Settlement Counter Offer Letter Sample
Sender’s Name
Sender’s Address
City, State, Zip Code
DATE
Name of Lender
Address of Lender
City, State, Zip Code
RE: Counter offer to settle debt for ACCOUNT NUMBER
Dear Creditor’s Name:
This letter is a formal counter offer to settle my debt with your company. I received your settlement offer of AMOUNT on DATE, and appreciate the fact that you are willing to work with me to settle my debt so that I can pay it off.
However, it would be financially difficult for me to pay the amount you offered because my wife is ill and we have lost her income.
I am requesting that you accept my counter offer of AMOUNT to be paid in one lump sum. I also have several other debts to pay off.
I have enclosed a copy of her medical report. I request that you remove any late fees and when the amount is paid, and that you remove the debt from my credit report.
I have enclosed a signed copy of this letter. If you agree with my counter offer, please sign the enclosed copy and return it to me. When I receive it, I will send the full amount of AMOUNT to you within five working days. If you have any questions, I can be reached at Email Address or at Phone Number.
Thank you for your kind consideration of my counter offer.
Signature of Sender
Printed Name of Sender
List of Enclosures: Signed copy of this letter, copy of wife’s medical records
By Andre Bradley
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