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Debt Settlement Letter (Collection Agency: Creditors Financial Group)

09-19-09

RE: Bank of America
REFERENCE # : 374632
CYG ACCOUNT : 607
BALANCE : $8,373.72
Client Savings: $5,321.72 (64%)

Dear   ,

This letter is intended to verify that we, Creditors Financial Group, have been agreed to accept $3,050.00 by 5-28-08 as settlement in full for the above mentioned account. Future to comply with these agreed conditions will make this offer null and void.

Upon clearance of your payment(s), the account will be considered settled in full your settlement and settlement notice is pending receipt of your payment.

This communication is from a professional debt collector. This is an attempt to collect a debt. Any information obtained will as used for that purpose.

Sincerely,

Unhold Person
Collection Consultant

Office

Colorado Office Hours : 8:00 am – 7-00 P.M. Monday through Thursday
       8:00 A.M. - 5:00 FRIDAY 7:00 A.M. – 11.00 A.M. SATURDAY

MAILING ADDRESS : 3331 SOUTH VAUGHN WAY, SUITE 110
                                  AURORA, COLORADO 80014

Synopsis:
The above Debt Settlement letter from debt collection agency, Creditors Financial Group represents a 36% Settlement with our client. The debt collection agency was assigned by that Bank of America to collect a debt balance originally owed by our client for $8,371.72. However, our debt negotiation settled the debt with Creditors Financial Group on behalf of that Bank of America for $3,050. Our client's total savings was $5,321.72.

 
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