Want to erase negative items from the credit report after making full or partial payment? Send our Pay for Delete agreement letter to the creditor or collection agency and ask them to remove those items.

Sample Cease and Desist Letter

You can negotiate a Pay for Delete Agreement with your creditor/collection agency to get an outstanding debt listing removed from your credit report in return for payment in full of the original or settled amount. If you are not sure how a Pay for Delete Agreement Letter should look like, here is a sample:




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Dear Sir,
Re:

This is in response to the credit report entry on for the account listed above. I would like to offer an amicable settlement of the account.

However, my offer should not be taken as my acknowledgment of the account. I would like to remind you that the validity of the debt has been disputed and I am still awaiting a response. The sole purpose of this communication is to get the listing removed from my credit report.

I agree to pay $to settle the account in full, provided you verify the debt and agree to co-ordinate with the credit bureaus to remove the listing of this account from my credit report.

If you are willing to accept my offer, then I shall wire you the agreed amount, provided all the information regarding the above stated account number is removed within 10 calendar days from the receipt of payment.

I hope you will also agree to keep my proposal confidential. No acknowledgment of debt or settlement should be reported to any third party (other than the original creditor) or to the Credit Bureaus.

Following the acceptance of is agreement, please send me a legal contract mentioning the terms and conditions of my offer and enforceable under my state's law.

If I do not get any response from you within 15 days of receipt of this letter, I shall withdraw my offer and make a further request for debt verification under the provisions of the Fair Debt Collection Practices Act.

Please forward the required documents to the address mentioned above.

Sincerely,

Your Signature_______________________

Your Name__________________________


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Disclaimer: The contents of this web site are not intended to establish an attorney-client relationship, provide the reader with legal advice, or substitute for legal advice from an attorney.
  • The debt settlement program typically lasts between 6 months to 4 years time.
  • At least 30% of the debt amount per creditor needs to be accumulated in the trust account for OVLG to give the creditor any settlement offer.
  • Not all creditors or debt collectors will accept a reduction in the balance, interest rate, or fees a customer owes such creditor or debt collector.
  • Pending completion of the represented debt-relief services, the customer's creditors or debt collectors may pursue collection efforts, including initiation of lawsuits.
  • That the use of the debt-relief service will likely adversely affect the consumer's creditworthiness, may result in consumers being sued by their creditors, and may increase the amount owed to creditors as a result of the accrual of additional fees and interest.
  • Savings a customer realizes from use of a debt-relief service may be taxable income.
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