Sample Of Agreement To Pay Debt

Sample Of Agreement To Pay Debt

This debt settlement agreement (the „Agreement“) sets out the terms that govern the contractual agreement between [the enterprise] having its registered office at [ADDRESS] (the debtor) and [the company] having its registered office [address] (the „creditors“) that agree to be bound by this agreement. This Agreement is intended to negotiate and settle a debt under the following conditions: the debtor declares and warrants that he accepts that this payment plan has been drawn up in such a way that he can make the necessary payments without causing further debts or inconvenience. Several pieces of information are needed to balance the text of this Agreement. At the beginning, we will consolidate the parties who intend to conclude this contract. First, we identify the creditor. That is, the party that holds the debt. Note the legal name of the creditor in the first space of the first paragraph.