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Offer To Settle Disputed Account

Date:

To:

RE: Account Payable

Dear [Name]:

We are in receipt of your statement of our account dated [Date], indicating a balance due you of $------.

As noted in our previous letter dated [Date], we dispute this amount due for the following reasons:

(Description)

Without admitting any liability on this account, but as an offer to compromise the amount due, we offer to settle this account in full by our payment to you of $------.

Our check [#---] in that amount is enclosed. Your deposit of that check shall confirm your acceptance of our offer to settle this account and shall discharge the entire balance claimed.

Sincerely,

______________________