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In this tutorial, the speaker explains how to write a settlement agreement letter, using a sample case between Akali from Apple Bank Bangladesh and creditor Mr. Codd SP Perry and debtor Mr. Mo Fees Bipari. The letter, dated January 11, 2019, outlines the mutual settlement terms, stressing that both parties must agree to the legal implications and clauses. The original debt of $25,000, due since January 1, 2017, has not been paid for 48 months. Due to the debtor's financial difficulties, the creditor agrees to settle for $20,000, provided the debtor pays this amount by June 1.
