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Academy Collection Service
Settlement Letter

ACTUAL SETTLEMENT LETTER

Debt Consolidation
Philadelphia, PA 19154-3210
Return Service Requested

17 JAN 2006

Debt Consolidation
21 HEATHER DR
TINTON FALLS NJ 07724-2731
ACADEMY COLLECTION SERVICE, INC.
Main Office:  10965 Decatur Road
Philadelphia, PA 19154-3210
1-(800) 220-0605 or (215) 281-7500
Hours: M-TH 8am-9pm, F 8am-5pm
Sat 8am–12noon

     ACCOUNT IDENTIFICATION
11578385  Creditor: CITIBANK (SOUTH DAKOTA)N.A.

Fwd Creditor:                                                 Account #         :Debt Consolidation
Academy File#   :11578385
Balance           :$3632.49
Return Ck Fee(s)  :$0.00
Total Bal due as of 17 JAN 2006     :$3632.49
Number of Accts   :1

As per our conversation, our client has agreed to settle the above referenced account for $1817.00.  Upon receipt and clearance of these funds your account will be marked settled, you will be relieved of any further responsibility pertaining to this account, and our client will notify the appropriate credit bureaus that this account has been settled.

This offer remains valid providing the funds reach our office by 1-26-06

A self-addressed envelope is enclosed for your convenience in mailing the agreed upon settlement amount.

Should you have any questions do not hesitate to call.                       

This is an attempt by a debt collector to collect a debt.  Any information obtained will be used for that purpose.

            NOTICE:  SEE NEXT PAGE FOR IMPORTANT INFORMATION.

YOURS TRULY,
JOYCE JOHNSON, DEBT COLLECTOR EXT 2515

-----------------Please Detach and Return Bottom Portion with Payment----------------
Enter the requested information in the spaces provided below:
From: Debt Consolidation                    11578385

Change of Address                               Employer                           
     
                                                Address                            
     
                                                                                   

Telephone                                       Telephone & Ext                    
(SIF) 8-11-03

                                                                  Page 1 of 2
 
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