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NCO Financial Systems, Inc.®
150, Crosspoint Parkway
Crosspoint Business Park
Getzville, NY 14068
Toll Free: (800)227-4000
Phone: (716) 404-2100
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| April 23, 2008 |
| Client Savings: $3,875.35 (61%) |
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Debt Free League
San Diego, CA 92123 |
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| RE: |
Chase
Account Number: xxxx 0003 2981
Our Reference Number: xxxx49
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.
| Please remit payment to: |
NCO Financial Systems
507 Prudential Road
Horsham, PA 19044 |
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.
Sincerely,
NCO Financial Systems, Inc.
Peter Homiszczak
Collection Specialist |
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Synopsis:
The above debt settlement letter from debt collection agency, NCO Financial Systems, Inc. represents a 39% debt settlement we reached for our client. The debt collection agency was assigned by Chase Bank to collect a debt balance originally owed by our client for $6,328.35. However, our debt negotiation settled the debt with NCO Financial Systems, Inc. on behalf of Chase Bank for $2,453.00. Our client's total savings was $3,875.35. |
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