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April 23 2008
Debt Free League
San Diego, CA 92193 |
| RE: |
Chase
Account Number:5187.48/our reference number 67
Amount Owing: $6,328.35
Settlement: $2,453.00 |
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This letter is intended to verify that we, NCO Financial Systems, Inc. have authorization to accept $2,453.00 as settlement if payment is received by April 25, 2008.
Upon clearance of your check, the account will be considered settled.
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| Please remit payment to : |
NCO Financial Systems
507 Prudential Road
Horsham, PA 19044 |
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If more than $600 of your debt will be canceled by this settlement, please be advised that Chase is required by federal law (Internal Revenue section 6060P) to report this amount. You will be receiving form 1099-C from Chase no later than next January 31st. If you have any questions concerning your personal taxes, we recommend you consult a certified public accountant or other tax professional.
This is a communication from a debt collector. This is an attempt to collect a debt. Any information obtained will be used for that purpose. Calls to or from NCO Financial Systems may be monitored or recorded for quality assurance.
NCO Financial Systems, Inc.
Peter Homiszezak
Collection Specialist
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Synopsis:
The above Debt Settlement letter from Chase represents a 39% settlement with our client. The creditor was owed a debt balance of $6,328.35. But Chase agreed to a settlement amount of $2,453. Our client’s total cash savings was $3,875.35.” |
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