This Student Loan Debt Settlement Agreement ("Agreement") is made and entered into on by and between:
The Borrower acknowledges and agrees that the outstanding balance on the student loan as of the date of this Agreement is ("Debt").
The Creditor and Borrower agree that the Debt shall be settled in full for the amount of ("Settlement Amount").
The Borrower agrees to pay the Settlement Amount as follows:
Upon receipt of the Settlement Amount, the Creditor agrees to release the Borrower from any further liability related to the Debt.
This Agreement is not an admission of liability by either party.
This document constitutes the entire agreement between the parties concerning the subject matter described herein and supersedes all prior discussions and agreements.
This Agreement shall be governed by the laws of .
_________________________
Creditor/Lender
Date:
_________________________
Borrower
Date: