Full and Final Settlement Agreement / Letter / e-mail

Debt Repayment Schedule

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Full and Final Settlement letter for outstanding debt stating debt amount, reason for payment delay and proposed repayment schedule with creditor's acceptance acknowledgement.

The debtor understands that they have outstanding debts and explains the following reasons. After discussion, the creditor understands the debtor's difficulties and is willing to consider their proposed arrangement to settle the debt. The debt repayment schedule is outlined in the contract.

How to use this Document?

This letter to the creditor can be used by a debtor, whereby a debtor is looking to request a new repayment schedule deadline extension on outstanding debt. This serves only as a template and you may wish to make other requests.

This Letter to the Creditor can be used to request the creditor to:

- Accept a new proposed repayment schedule as full and final settlement 

- Postponement of the Payment Deadline 

- Waive any interests of penalties during the suspension of payment 


How to Tailor the Document for Your Need?

Create Document: Click “Create Document” button and the document will be prepared with your account details automatically filled in.

Please fill in any additional information by following the step-by-step guide on the left-hand side of the preview document and click the “Next” button.

When you are done, click the “Get Document” button and you can download the document in Word or PDF format.

Please review the document carefully and make any final modifications to ensure that the details are correct before sending to the addressee.

Document Type:

Letter / e-mail / note / correspondence


Personal > Legal / Settlement / Insurance > Full and Final Settlement Letter / Settlement Agreement




debt amount


repayment delay


repayment schedule








Full and Final settlement


debt repayment


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