Fill and Sign the Sample Letter Settlement Form

Instruction: This is a model letter. Adapt to fit your facts and circumstances. Re: _____________________ Dear       : This letter is to confirm and set forth the terms of the settlement agreement we reached during our telephone conversation of       ,       , 20       . It is our understanding that your client will accept the return of the printer bearing serial number       and payment of a total of $       in three (3) monthly installments of $       each, in full and complete satisfaction of the Default Judgment which was entered against my clients in the above referenced matter. It is my further understanding of our agreement that once my clients have returned the printer and paid the $       , your client will enter a Satisfaction of Judgment. Moreover, it is our understanding that during the interim you will cease all other collection efforts, including, but not limited to, an examination of judgment debtor. If this conforms with your understanding of the agreement please sign in the space below and return a copy of this letter to me via fax. Pursuant to the agreement, enclosed is a check from _____________________ in the amount of $       in payment of the first monthly installment which we are tendering to you in trust pending your execution of this letter agreement. Similar payments will be forthcoming on or before             and             , 20       . As my office informed you via telephone, the printer is at my office and it our understanding that a representative of your client will pick up the printer. It has been a pleasure to work with you on this matter. Should you have any questions, please do not hesitate to call. Sincerely, BY:       /       cc: APPROVED AND ACCEPTED: ________________________________ _____________________