Settlement Counter Offer Letter
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How to write a Settlement Counter Offer Letter? An easy way to is to download this sample Settlement Counter Offer Letter template now!
We provide this letter template to help you draft a personalized response to an offer you received. Our business and legal templates are regularly screened and used by professionals. If time or quality is of the essence, this ready-made template can help you to save time and to focus on the topics that really matter!
What is a counter offer?
When you receive an offer that is not conform the expectations, it's common to respond with a counter offer. This is an offer made in response to another settlement offer. For example, when you are offered a certain period to pay back, or against a certain % interest, when you have an alternative calculation for the repayment of the loan that you are able to pay back.
Settlement Counter Offer Letter sample:
Dear {{Name}},
I appreciate that your company is willing to work with me in settling my debt so that I may pay it off. This letter is to make a counteroffer in response to the settlement offer made by your company, which I received on {{Date}}.
The amount that I propose to settle the debt in full is {{currency}}{{amount}}. I would also like to request that you remove any late payments or charge-offs on this account from my credit report.
I have several debt accounts that I am attempting to settle as well. Unfortunately, I have a limited amount of funds. So, I can only pay those creditors who are willing to meet my terms. I have already reached several mutually agreeable settlements with other creditors, and I doubt that I’ll have enough funds to pay everyone.
If your company is willing to accept my proposal, please sign the attached letter agreeing to my proposal and return a copy to me. As soon as I receive this signed acknowledged agreement, I shall send you a money order in the amount I’ve proposed.
Thank you very much for your consideration.
We provide this standardized Settlement Counter Offer Letter template with text and formatting as a starting point to help professionalize the way you are working. Our private, business and legal document templates are regularly screened by professionals. If time or quality is of the essence, this ready-made template can help you to save time and to focus on the topics that really matter!
Using this Settlement template guarantees you will save time, cost and efforts! It comes in Microsoft Office format, is ready to be tailored to your personal needs. Completing your settlement counter offer has never been easier!
Download this Settlement Counter Offer Letter template now for your own benefit!
DISCLAIMER
Nothing on this site shall be considered legal advice and no attorney-client relationship is established.
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