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Debt Settlement Letter (Collection Law Firm: Eskanos & Adler)

Client Savings: 873.18 (50%)
NCS140 969934-0 023 32
DEBT FREE LEAGUE
PO BOX 23555
SAN DIEGO CA 92193
PRIN
INT
FEES
COSTS
JUDG INT
OTHER
TOTAL
1,746.37
.00
.00
.00
.00
.00
1,746.37
04/21/08

SENT VIA FACSIMILE

RE: ____________04000 / HSBC BANK NEVADA, N.A.
ACCOUNT NUMBER : E30D-HCS
YOUR CLIENT :

THIS LETTER WILL CONFIRM THAT WE HAVE AGREED TO SETTLE THE ABOVE REFERENCED OBLIGATION FOR THE SUM OF $ 873.19 ON CONDITION THAT SAID SUM IS RECEIVED IN OUR OFFICE IN GOOD FUNDS BY THE DATE INDICATED BELOW.

IF THIS OFFICE DOES NOT RECEIVE THE SUM OF $ 873.19 BY 04/30/08, THE ENTIRE BALANCE OF $ 1,746.37 WILL REMAIN DUE AND OWING.

OUR CLIENT MAY BE REQUIRED BY LAW TO REPORT THIS SETTLEMENT TO ONE OR MORE TAXING AUTHORITIES. NEITHER OUR OFFICE NOR OUR CLIENT MAKES ANY REPRESENTATION ABOUT TAX CONSEQUENCES THIS MAY HAVE OR ANY REPORTING REQUIREMENTS THAT MAY BE IMPOSED ON OUR CLIENT. YOU SHOULD CONSULT INDEPENDENT TAX COUNSEL OF YOUR OWN CHOOSING IF YOU DESIRE ADVICE ABOUT ANY TAX CONSEQUENCES WHICH MAY RESULT FROM THIS SETTLEMENT.

THIS IS A COMMUNICATION FROM A DEBT COLLECTOR. THIS IS ALSO AN ATTEMPT TO COLLECT A DEBT AND ALL INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.

VERY TRULY YOURS,

ESKANOS & ADLER
A PROFESSIONAL CORORATION

Please Send All Mail to Main Office
2325 Clayton Road  •  Concord, CA 94520 • Phone 800-364-9919 • Fax 925-969-1812

Synopsis:
The above debt settlement letter from debt collection law firm, Eskanos & Adler represents a 50% out-of-court settlement with our client.
The debt collection law firm was assigned by HSBC BANK NEVADA to legally collect a debt balance originally owed by our client for $1,746.37. However, our debt negotiation settled the debt balance with debt collection law firm, Eskanos & Adler on behalf of HSBC BANK NEVADA for $873.19. Our client's total savings was $873.18.

 
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