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Academy Collection Service

Settlement Letter

ACTUAL SETTLEMENT LETTER

J.C. CHRISTENSEN AND ASSOC., INC.

Jan 10, 2006

Debt Consolidation
PO BOX 712679
SAN DIEGO, CA 92171-2679

Creditor:   GE MONEY BANK
Retailer:   JC PENNEY
Creditor account number: Debt Consolidation

34-alland

 

Account Number: Debt Consolidation

Total Balance: $646.62

DearDebt Consolidation

J.C. Christensen and Associates, Inc. as well as the above mentioned creditor, agree to accept $323.00 received prior to 01/20/06, as settlement in full for the aforementioned account.

This agreement is contingent, such that all payments received must be honored upon first presentation to our bank.

Failure to respond to this offer may leave us no choice but to proceed with further collection efforts against you.  We would rather not do this and prefer to work out a lump sum payment on this account.  We look forward to speaking with you today.

Sincerely,

JADA SILVER
1-800-711-0450

Collection Specialist

This communication is from a debt collector.  This is an attempt to collect a debt and any information obtained will be used for that purpose.
YOU ARE HEREBY NOTIFIED THAT A NEGATIVE CREDIT
REPORT REFLECTING ON YOUR CREDIT RECORD MAY BE
SUBMITTED TO A CREDIT REPORTING AGENCY IF YOU FAIL
TO FULFILL THE TERMS OF YOUR CREDIT OBLIGATIONS.

 
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