AGREEMENT TO EXTEND
DEBT PAYMENT
FOR VALUE RECEIVED, the undersigned, _ [Creditor] and _
[Company], hereby acknowledge and agree that:
1. The Company presently owes the Creditor the sum of
$_, said sum being presently due and payable.
2. In further consideration of the Creditor’s
forebearance, the Company agrees to pay said debt on
extended terms in the manner following:
_
3. In the [...]

Filed under: Agreement, acknowledge, assigns, benefit, company agreement, creditor, debt payment, forebearance, inure, personal representatives, said debt, said sum | Post a comment

AGREEMENT TO COMPROMISE DEBT
FOR VALUE RECEIVED, the undersigned being a creditor of _
[Company] hereby enters into an agreement to compromise and
reduce the indebtedness due the undersigned on the following
terms and conditions:
1. The Company and the undersigned acknowledge that the
present debt due is $_.
2. The parties agree that the undersigned shall accept the
sum of $_ as [...]

Filed under: Agreement, acknowledge, assigns, benefit, company agreement, compromise, creditor, indebtedness, inure, monies, paragraph, personal representatives, said debt | Post a comment