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ACTUAL SETTLEMENT LETTER
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3131 Camino Del Rio N Ste 1500
C/O US Financial Management
San Diego, CA 92108
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Creditors Interchange
80 Holtz Dr
Buffalo, NY 14225
RE: Bank of America
Ref. #:
CI Accnt:
Balance Owing: $2322.37
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Dear ,
This letter is intended to verify that we, Creditors Interchange have been authorized to accept $1,174.00 by 4/24/06 as settlement in full for the above mentioned account. Failure to comply with these agreed conditions will make this offer null and void.
Upon Clearance of your payment(s), the account will be considered settled in full. The account history will be reported as a “settled as agree” charged-off account. In the event your write-off balance exceeds $600.00, it will be your responsibility to claim that amount as earned income on your tax return for the following year. Bank of America will provide you wit h the necessary 1099C form and notify the IRS of the amount of the write-off balance.
This is an attempt to collect a debt and any information obtained will be used for that purpose. This is a communication from a debt collector.
Sincerely,
Creditors Interchange
Peter Morris
Collection Consultant
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