02-18-2013 08:30 PM
Amount: $1320.51 (amount includes $290.51 collection costs)
To Whom It May Concern:
This letter is to inform you that the validity of this debt is disputed.
In the spirit of compromise, I am willing to pay this account IN FULL (minus $290.51 collection costs) if you agree to not report this account from to any credit reporting agencies (Equifax, Experian and TransUnion). The purpose of this settlement is merely to prevent this item from appearing on my credit files. It is not to be construed as an acknowledgment of liability for this debt in any form.
If you agree to the terms and accept this agreement, funds for the settlement amount will be sent to General Revenue Corp. in exchange for prevention of ALL references regarding this account from being reported to my credit files and full satisfaction of the debt.
General Revenue Corp. agrees to prevent reporting of ANY information regarding this account to ANY credit reporting agencies WITHIN TEN CALENDAR (10) DAYS following receipt of payment as specified above and will not discuss the terms of this settlement with anyone, excluding your client on this account. If contacted by any third party, including credit-reporting agencies, Collection Agency will not acknowledge that any settlement offer was made, accepted or executed and will, in fact, deny knowledge of any such account.
If you agree to the above terms, please prepare a letter on your company letterhead explicitly agreeing to the same terms as the above settlement offer and have it signed by an authorized representative of General Revenue Corp. It will be implied that this letter shall constitute a legally binding contract, enforceable under the laws of my state.
Your response must be postmarked no later than 15 days from your receipt of this settlement offer or this offer will be