Accord and Satisfaction Agreement Instructions
Accord and satisfaction is a contract law concept about the purchase of the release from a debt obligation. It is one of the methods by which parties to a contract may terminate their agreement. When an accord and satisfaction is reached to discharge a debt, the creditor still receives some payment of the debt, while the debtor benefits from not being held to the full obligation. This letter is made for you (also have instructions) so that you can have an effortless made letter.
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