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Academy Collection Service

Settlement Letter

ACTUAL SETTLEMENT LETTER

FREDERICK J. HANNA & ASSOCIATES, P.C

FREDERICK J. HANNA

ELIZABETH C. WHEALLER
ROY D. REAGIN, JR.
DENNIS E. HENRY
JAMES T. FREANEY

05222064
Debt Consolidation
Debt Consolidation
FULLERTON CA 92832-3322

1655 ENTERPRISE WAY
MARIETTA, GA 30067
Tel: (770) 916-9220
Fax: (770) 980-0528
Toll Free: (800) 450-6575

January 10, 2006

Re:      BANK OF AMERICA, N.A. (USA)

Reference:    Debt Consolidation
Balance:         $10,012.59

                    Dear Debt Consolidation:

            This letter is in response to your conversation with this office on January 10, 2006, regarding the above mentioned debt.  Please be advised Bank of America has authorized this office to settle this debt for the amount of $5,006.30.  Please have the funds in our office by January 11, 2006.

            Upon clearance of your payment, this account will be satisfied as Settled in Full.  Also, upon clearance of your payment, please allow 90 days for Bank of America to update your credit profile to the appropriate status.

            Bank of America may be required by law to report this settlement to one or more taxing authorities.  The Bank makes no representation about tax consequences this may have or any reporting requirements that may be imposed on the Bank.  You should consult independent tax counsel of your own choosing if you desire advice about any tax consequences which may result from this settlement.

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

Sincerely,

William J. Lau
Director of Operations

 

 

“THIS IS A COMMUNICATION FROM A DEBT COLLECTOR”

 
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