Settlement Offer On Disputed Account

Dear Felix



We are in receipt of your statements indicating a balance due you of $ [500].

We dispute the debt for the following reason(s): [Describe]

Without admitting to any liability, but as an offer of compromise, we propose to settle this account in full by payment of $ [dollar amount]. Our check in that amount is enclosed and deposit of the check shall discharge the entire balance claimed.

By:Lydia