http://creditfederal.com/article en-us http://creditfederal.com/article N/A article@creditfederal.com Wed, 16 May 2012 21:25:12 CDT 20 http://creditfederal.com/article/articles/21/1/Sample-Debt-Settlement-and-Negotiation-Letter The sample letter below is intended to be used as a comprise letter to creditors.VIA CERTIFIED MAIL RRR # (PUT THE NUMBER OF THE CERTIFIED MAIL RECEIPT HERE) YOUR NAMEYOUR ADDRESSCITY, STATE, ZIP CODEToday's DatePlace collector's name hereCollectors addressCollectors city, state, zipRE: Acct.# 5555554441Dear (who ever you spoke with):As we discussed, I became unemployed and was no longer able to pay on my account. As a result, the above-mentioned account was sent to collections (or charged off) by your company.Since then, I have obtained a very rewarding and stable job. I would now like to either resume payments on this account at $(however much) per month, or simply pay the account in full.I recently obtained a copy of my credit report and noted that your company has reported this account as: (delinquent, sent to collections). I wish to bring this account or matter to a resolution that will be fair, and beneficial for both of us. I hereby propose to pay you: X monthly payments of $money, or remit a check to you in the amount of $debt as payment in full provided you are willing to send me a letter stating you will report this to any and all credit reporting agencies as: 'PAID AS AGREED' or notify me in writing that you agree to delete this item from any and all credit reporting agencies.Due to the inequities of the system I AM NOT agreeable to accepting a 'PAID P & L' or 'CHARGE OFF' for an additional amount of time on my credit report. It is my position that I have suffered enough as a result of this problem.Upon receipt of your letter I will forward you a cashier's check or money order in the amount of (Agreed $$$).Yours Truly,Your signature Today's date signedYour name Today's date printed Apply for Debt Settlement David Wed, 08 Jun 2011 00:00:00 CDT http://creditfederal.com/article/articles/763/1/How-to-get-out-of-payday-loan-debt Looking for a way to repay payday loans, or to negotiate a payoff settlement? Credit Federal Sat, 30 Apr 2011 00:00:00 CDT http://creditfederal.com/article/articles/707/1/Credit-Card-Debt-Settlement Credit card debt settlement, also known as debt negotiation and sometimes as a balance chargeoff, may be a good option if you are burdened by credit card debt to the point of filing bankrupty. Credit Federal Fri, 30 Oct 2009 00:00:00 CDT http://creditfederal.com/article/articles/702/1/Debt-Settlement-Advice Debt negotiation is the process by which a person in debt (debtor) or a debt settlement company representative, negotiates with a creditor to reduce the principal amount owed (and possibly interest and fees) on an outstanding debt in exchange for prompt payoff. Read more debt settlement advice. Credit Federal Sun, 25 Oct 2009 00:00:00 CDT http://creditfederal.com/article/articles/692/1/Credit-Card-Debt-Relief-Options Learn the processes for credit card debt consolidation and credit card debt settlement and choose the debt relief option that is best for your financial situation. Credit Federal Fri, 11 Sep 2009 00:00:00 CDT http://creditfederal.com/article/articles/663/1/Chargeoff-Credit-Card-Debt-and-Rebuild-Credit-Score It may take time, yet eventually you can rebuild credit after you chargeoff credit card debt. Review our free tips on how to negotiate debt settlements with creditors, and advice on how to rebuild credit. Credit Federal Thu, 28 May 2009 00:00:00 CDT http://creditfederal.com/article/articles/648/1/Do-It-Yourself-Free-Debt-Settlement-or-Use-a-Debt-Negotiation-Company Review the main pros and cons of Do It Yourself Free Debt Settlement VS a Professional Debt Negotiation Company to chargeoff bills and high balances. Credit Federal Sun, 19 Apr 2009 00:00:00 CDT http://creditfederal.com/article/articles/553/1/Debt-Collection-Agency-Negotiation Cannot repay bills? Free tips for debt collection agency negotiation and sample payoff letter. Before you agree to a loan or credit card debt settlement chargeoff, read our advice. Credit Federal Tue, 12 Aug 2008 00:00:00 CDT http://creditfederal.com/article/articles/419/1/Debt-Settlement-Company-FAQ Can a debt settlement company really lower your debt so you can pay off in a few years? Credit Federal Thu, 27 Dec 2007 00:00:00 CST http://creditfederal.com/article/articles/308/1/Debt-Settlement Debt settlement is one option for people to consider who are too deep in debt for a repayment plan. Credit Federal Mon, 09 Oct 2006 00:00:00 CDT