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ACTUAL SETTLEMENT LETTER
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PO Box 712679
San Diego, CA 92171-2679
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ARS National Services, Inc.
201 West Grand Ave
Escondido, CA 92025
800-466-5053
Re: Settlement Proposal
Creditor: Chase Bank
Acct #:
Balance: #3380.97
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Dear Sir/Madam:
This letter confirms that Associated Recovery Systems is duly authorized to accept $1521.00 in settlement of the above-referenced account provided your payment reaches this office by 4/07/06.
This will aos confirm that no action has been taken against you or your credit rating by this agency. After settlement of your account, Chase Bank USA, will notife the national credit bureaus – Experian, Equifax, and Trans Union – that you have resolved your account. Our client is required to file form 1099C with the IRS for any forgiveness of $600.00 or more.
Your payment must reach our office by the due date or this offer will become null and void. To ensure your funds are received by the due date, Associated Recovery Systems accepts “Quick Check” by phone and western union “Quick Collect” (Code City: Ambridge, California). Your returned check may be collected electtonically if the check is returned for insufficient or uncollected funds. If your bank fails to honor your check, this offer will become null and void.
If you have any questions, please contact your account representatives at 800-232-1258. Our office hours are Monday through Friday 6:30 am to 8:00 pm PST.
Sincerely,
Paulina Alvarez
Account Representatitve
Associated Recovery Systems
This communication is from a debt collector. This is an attempt to collect a debt. Any information obtained will be used for that purpose.
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