How to counter a debt settlement offer

A counter offer to debt settlement offer is what you propose to pay your creditors/collection agencies in response to the offer they make for a settlement of your debt. The sample settlement counter offer letter below should be attached to the Debt Settlement Agreement Letter sent to your creditor.

  • The Letter
  • Participate
  • Embed
Counter Offer Settlement Letter to creditor
Your Name
Your Address
Your Phone #

Creditor's Name

Creditor's Address

Sir or Madam,

Re: Account Number

I appreciate that your company is willing to work with me in settling my debt so that I may pay it off. This letter is to make a counter offer in response to the settlement offer made by your company, which I received on Date .

The amount that I propose to settle the debt in full is $. I would also like to request that you remove any late payments or charge-offs on this account from my credit report.

I have several debt accounts that I am attempting to settle as well. Unfortunately, I have a limited amount of funds. So, I can only pay those creditors who are willing to meet my terms. I have already reached several mutually agreeable settlements with other creditors, and I doubt that I'll have enough funds to pay everyone.

If your company is willing to accept my proposal, please sign the attached letter agreeing to my proposal and return a copy to me. As soon as I receive this signed acknowledged agreement, I shall send you a money order in the amount I've proposed.

Your Signature 
Your Name      

<div id="debtcc-panel" style="width:720px; overflow:auto;"></div>
<script type="text/javascript" id="debtcc-widget" src="//"></script>
<script type="text/javascript" >
objLetter = {"id":"589", "width":"720px", "height":"1300px", };



Add new comment

Filtered HTML

  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <blockquote> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

Page loaded in 0.088 seconds.