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ACTUAL SETTLEMENT LETTER
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PO Box 712679
San Diego, CA 92171
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Platinum Recovery Solutions, Inc.
PO Box 3708
Omaha, NE 68103
Re: FCNB Master Trust
Acct #:
Amt Due: $1,723.31 |
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Dear
In regard to the account referenced above. Platinum Recovery Solutions, Inc. will accept a lump sum settlement for FCNB Master Trust in the amount of $850.00. Our Office must receive your payment no later than April 14, 2006.
If your payment is dishonored by your bank the settlement will become void, and the balance will be due in full.
After clearance of your payment, we will report the account as settled in full to our client who will forward this to the appropriate credit reporting agencies.
Sincerely,
Connie Newman
Lead Recovery Representative
By this communication Platinum Recovery Solutions, Inc. a debt collector is attempting to collect a debt and my information obtained will be used for that purpose.
The Internal Revenue Service (IRS) requires financial institutions to annually report to the IRS all debts in excess of $600.00 that are discharged by the mutual agreement between the institutions and their customers. If the settlement amount that you have agreed to will result in a discharge of more than $600.00 of the principle balance due on your account, this settlement will be required to be reported to the IRS. | |
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