Notice and Tender by Debtor

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

Notice and Tender by Debtor

Notice and Tender by Debtor

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Date:

{{date}}

To:

{{creditor_name}}

{{creditor_address}}

Subject: Notice and Tender by Debtor – Proposal for Settlement of Outstanding Debt

Dear {{creditor_name}},

This letter serves as a formal notice in terms of our outstanding debt concerning {{description_of_debt}}, amounting to {{original_debt_amount}}.

Tender of Payment

I/We hereby formally tender a payment of {{tender_amount}} as full and final settlement of the aforementioned debt. This tender is made on the understanding that upon acceptance, all claims related to this debt will be irrevocably discharged.

Terms of Tender

The tender amount of {{tender_amount}} will be paid by {{payment_method}} on or before {{payment_due_date}}. This payment is conditional upon your written agreement to this settlement offer, confirming that all outstanding amounts and associated interest or penalties will be waived upon receipt of the tendered amount.

Consequences of Non-Acceptance

Should this tender not be accepted by {{acceptance_deadline_date}}, I/we reserve all our rights to pursue alternative legal remedies or negotiations as may be available under applicable law.

Acknowledgement of Receipt and Acceptance

Kindly sign and return the attached duplicate copy of this letter to acknowledge your receipt and acceptance of this tender of payment. Your acceptance should be received by us no later than {{acceptance_deadline_date}}.

Contact Information

Should you require any further information or wish to discuss this matter, please do not hesitate to contact me/us at {{debtor_contact_phone}} or {{debtor_contact_email}}.

Sincerely,

{{debtor_name}}

{{debtor_title}}

Acknowledgement and Acceptance by Creditor:

I, {{creditor_name}}, duly authorised representative of {{creditor_company_name}}, hereby acknowledge receipt of this Notice and Tender by Debtor and accept the offer of settlement as outlined above.

Signature: __________________________

Date: __________________________