[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Settlement Offer Response Request Dear [Recipient's Name], I hope this letter finds you well. I am writing to respond to the settlement offer I received in relation to [briefly describe the case or issue]. After thoroughly reviewing the terms proposed, I kindly request your prompt consideration of the following points: 1. Case Background: [Provide a concise overview of the case, highlighting key events, relevant facts, and any supporting documents that may be necessary for a comprehensive review.] 2. Proposed Settlement Terms: [Carefully outline the terms and conditions of the settlement offer made to you, ensuring that you address each point individually.] 3. Evaluation of the Settlement Offer: [Conduct a detailed analysis of the proposed settlement offer, discussing its strengths, weaknesses, and potential implications on all parties involved.] 4. Counteroffer or Modification: [If you wish to counteroffer or suggest modifications to the proposed settlement terms, clearly state your proposed alternatives and provide supporting reasons.] 5. Supporting Evidence: [Attach or refer to any additional evidence, documents, or records that may be pertinent to your response or further negotiation.] 6. Response Deadline: I kindly request a response from your side within [state a reasonable timeframe, considering the complexities of the case and the urgency of the matter]. 7. Preferred Method of Communication: [Specify your preferred method of communication, such as email or phone, and provide the relevant contact details to ensure efficient correspondence.] I firmly believe that engaging in a meaningful dialogue can help us reach a fair and amicable resolution for all parties involved. I remain open to negotiations and further discussion to achieve a mutually beneficial settlement. Thank you for your attention to this matter. I look forward to your prompt response and the opportunity to address this settlement offer accordingly. Sincerely, [Your Name]
North Dakota Sample Letter for Request to Respond to Settlement Offer
Description
How to fill out North Dakota Sample Letter For Request To Respond To Settlement Offer?
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FAQ
I am writing about the money which you are claiming on the above account. I can confirm that I am unable to pay the money which I owe in full. Include a paragraph explaining your circumstances and details of your financial situation that you want the creditor to take into account.
I appreciate that your company is willing to work with me in settling the debts I owe. This letter is to confirm my acceptance of the verbal offer. The amount that your representative and I have mutually agreed upon to settle the debt in full is $ .
As agreed upon mutually, I confirm that I'll be paying $ towards settlement of my debt in full. As part of the settlement, I request you to remove any negative listing (late payment, collection etc) on this account from my credit file. I hope the above terms and conditions are acceptable to your company.
In response to your letter dated [Date of Insurer's Letter], I am unable to accept your offer of $[Offer Amount] to settle my demand for compensation in Claim Number [Claim Number from Above]. The figure you offered is insufficient in light of the facts of the case.
Two Options for Taking the Settlement Offer Read the settlement offer carefully or have an attorney review the offer to be sure it's legally binding ? that the creditor or collector can't come after you for the remaining balance at some point in the future. Or, you can even try to negotiate a lower settlement.
When writing the letter, explain your current financial situation and how much you're willing to pay given your current resources. Also, clearly describe what you expect the creditor to do for you in return for making payment. This can include removing the account or any missed payments from your credit file.
Include a paragraph explaining your circumstances and details of your financial situation that you want the creditor to take into account. Enter the amount which you can afford to pay. and I want to offer this as full and final settlement of the account.
I would like to offer an amount of to settle the outstanding debt amount of $ with you. I also like to request you to include the following conditions as a part of my settlement offer: My account will be showing as 'paid in full' with no future liability or involvement.
