This Debt Settlement Agreement template provides a structured framework to formalize the resolution between a debtor and creditor. It covers essential elements such as the settlement amount, payment schedule, release of claims, and obligations of both parties. Designed for clarity and legal enforceability, it helps prevent future disputes by detailing responsibilities and remedies. The template also includes sections on confidentiality, governing law, and signatures to ensure completeness. Ideal for individuals and businesses seeking to document debt settlements professionally, this template supports transparent negotiations and protects all parties involved.
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