Settlement Document Template

Free settlement statement templates.

Settlement document template. The purpose of the document is to state in writing how the assets and debts will be split. The debt settlement agreement is a contract signed between a creditor and debtor to re negotiate or compromise on a debt. A divorce settlement agreement template is an easy to use legally binding document between two individuals who are going through the divorce process. The settlement agreement compromise agreement is a legally binding contract that can be used to settle any sort of dispute including employment.

In this sample settlement agreement the employee waives his right to bring a financial claim against his employer. In return the employer provides financial payment to the employee. It may also address topics such as child custody or visitation. A settlement agreement must be created stating all the terms and conditions which govern the agreement between two parties who are bound to the settlement agreement samplesour templates cover all the legal and local aspects of the agreement to be signed by the parties such as dismissal of pending litigation release to any future claim settlement amount date and time of the essence full.

This document is also known as settlement statement and it is sent to both the parties 1 2 days prior to the final deal and transaction of papers of the property. You would insert in the template all the relevant details any charges that were filed etc. A settlement agreement is a document thats legally binding which exists between two parties like an employee and his employer. The debtor offers a payment that is less than the outstanding due usually between 50 to 70 if the payment can be made immediately.

A debt settlement agreement is a document used by a debtor the person who owes money or creditor the person who is owed money to resolve an outstanding debt that is owed. Often a debtor finds themselves unable to pay the full amount of a debt that they owe to a creditor.