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Save Debt Settlement Agreement in DOC

Save Debt Settlement Agreement in DOC

Aug 6th, 2022

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How to Save Debt Settlement Agreement in DOC

4.7 out of 5

68 votes

A debt settlement agreement confirms the renegotiation or settlement between a debtor and a creditor. It typically reduces or eliminates the original debt, allowing the creditor to forgive a portion of it by releasing the debtor from any remaining obligations. This arrangement usually relates to the final payment made by the debtor after the agreement is executed. The creditor must then remove any obligations the debtor has under the original contract and forgo pursuing any actions against the debtor regarding that agreement.

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