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Academy Collection Service
Settlement Letter

ACTUAL SETTLEMENT LETTER

Debt Consolidation
Debt Consolidation
San Diego, CA 92171-2679

MRS Associates
3 Executive Campus Ste 400
Cherry Hill, NJ 08002

Re: Capital One
Client Acct: Debt Consolidation
MRS Acct: Debt Consolidation
Acct Bal: $3,084.82

Settlement Amt: $1,560.00

Dear Debt Consolidation,

Pursuant to our telephone call of Friday, April 07, 2006, MRS Associates Inc., has been retained to serve as agents on behalf of Capital One F.S.B.. Effective immediately, MRS Associates Inc. has been authorized to accept $1,560.00 as a settlement on the above referenced account if consummated on or before Wednesday, May 10, 2006. Upon Receipt of $1,560.00, you will be released of any further obligation to Capital One regarding the above referenced account.

Settlement is to be consummated as follows:

Your first payment of $780.00 is to be received at the above address on the or before Monday, April 10, 2006 via Check By Phone. Subsequent payments are to be recived as follows: $780.00 on or before Wednesday, May 10, 2006. Upon completion of your settlement, your credit will be amended to reflect a settled account.

This communication is a from a debt collection agency. This is an attempt to collect a debt and any information obtained will be used for that purpose.

Sincerely,

Marie Parks
Assistance Director


 
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