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Fill and Sign the As We Discussed on the Telephone This Morning I Have Represented Form

Fill and Sign the As We Discussed on the Telephone This Morning I Have Represented Form

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In str u ctio n : T his i s a m od el l e tte r. A dap t t o f it y ou r f a cts a n d c ir cu m sta n ces. V IA H AND-D ELIV ER Y Re: ____________________________ Dear : A s we dis c u sse d on th e te le p hone th is morn in g, I hav e re p re se n te d ____________________________for a n um ber o f y ears , a n d I w as v ery s u rp ris e d to le arn o f th e de ro gato ry c re d it in fo rm atio n p la ced o n ____________________________ E quif a x C re d it R ep ort by th e S B A in , 2 0 . P le ase b e a d vis e d th at w e d eem th e d ero gato ry c re d it in fo rm atio n to b e i m pro per a n d i n te n d t o a d dre ss t h e m atte r w ith t h e S B A a n d E quif a x .A lth ough I hav e not had an opportu nity to verif y th e basis fo r th e re p ortin g of th is in fo rm atio n, it is m y a ssu m ptio n th at th e in fo rm atio n is in c o nnectio n w ith th e a b ove re fe re n ced lo an . A s I e x pla in ed to y o u th is m orn in g, ____________________________ at o ne tim e o w ned sto ck in a c o rp ora tio n k now n a s ____________________________. T his c o rp ora tio n o bta in ed a SB A lo an an d ____________________________ purp orte d ly gav e a pers o nal guara n ty . Su bse q u en tly , ____________________________ so ld his sto ck in th e co rp ora tio n w ith th e un ders ta n din g th at h e w as to b e re le ase d fro m th e p urp orte d g uara n ty . Som e tim e th ere afte r, ____________________________ f ile d ban kru p tc y . When th e SB A co nta cte d ____________________________ re g ard in g p ay m en t o f ____________________________ deb t pu rs u an t to h is p ers o nal g uara n ty , a d is p ute a ro se b etw een ____________________________ an d th e SB A as to wheth er he had been re le ase d fro m th e guara n ty . Ultim ate ly , ____________________________ a n d th e SB A re ach ed a co m pro m is e , an d ____________________________ w as r e le ase d f ro m a n y f u rth er lia b ility . A c o py o f th e S B A 's 0000 , 2 0 l e tte r c o nfir m in g t h is f a ct i s a tta c h ed a s E xhib it " A " f o r y our r e fe re n ce. T o s a y th at ____________________________ is u pse t re g ard in g th is in fo rm atio n o n h is cre d it re p ort is a sig nif ic an t u nders ta te m en t. ____________________________ did n ot b elie v e th at h e w as o blig ate d to th e S B A o n th e p urp orte d p ers o nal g uara n ty w hen h e s e ttle d th e m atte r in 20 , a n d h e d oes n ot u n ders ta n d why his cre d it re p ort is re fle ctin g a ch arg e off so m e th re e years la te r. It is ____________________________ p ositio n th at th e dero gato ry cre d it in fo rm atio n is in co rre ct, in ap pro pria te a n d s h ould b e r e m oved . S hould y ou h av e a n y f u rth er q uestio ns, p le ase d o n ot h esita te t o c o nta ct m e. S in cere ly ,B Y : / E nclo su re

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