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Alternative Decree and Order of Compromise (MPC 775). This version of the form allows you to save a partially filled-out form to finish later or for re-use.It was held that "a compromise, as is well known, is an agreement between the parties with the seal of the Court super-added to it. The validity of a consent decree depends wholly on the validity of the agreement or compromise on which it is made. Instant access to fillable Microsoft Word or PDF forms. Minimize the risk of using outdated forms and eliminate rejected fillings. A compromise decree is not a court order but it is only the court's approval over something that the parties had agreed on themselves. An offer in compromise allows you to settle your tax debt for less than the full amount you owe. It must agree with the judgment, and be not. Entitled to entire 35,000 sq. ft.