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Save Debt Settlement Agreement Template in Excel

Save Debt Settlement Agreement Template in Excel

Aug 6th, 2022

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How to Save Debt Settlement Agreement Template in Excel

4.8 out of 5

33 votes

A debt settlement agreement confirms the renegotiation or settlement between a debtor and creditor. It typically reduces or eliminates the original debt amount, allowing the creditor to forgive part of the debt and relieve the debtor from any remaining obligations. This usually occurs after the debtor makes the final payment as stipulated in the agreement. In return, the creditor must waive any obligations under the original contract and forgo any further actions against the debtor related to that agreement.

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