Skip to main content

How to write your own Client Debt Compromise Contract

You can create your own customized editable version of this contract document using Contractors Contract Pack. Follow these steps to get started.


If you have a client in default of making payments and you are planning on compromising the debt (i.e. writing it off, accepting a lower payment, etc.) use the Client Debt Compromise Agreement.
Document Length: 1 Page
Business proposal example What Our Clients Say

I have purchased Contract Pack Professional a few months ago and have been using it occasionally. I must say that it is a great product!"

Yaniv Shimony

1. Get Contractors Contract Pack that includes this business contract document.

This Client Debt Compromise Contract is included in editable Word format that can be customized in Word or by using the included Wizard software.

2. Download and install after ordering.

Once you have ordered and downloaded your Contractors Contract Pack you will have all the content you need to get started with your own formal declaration.

3. Customize the contract template with your own information.

You can customize the contract document as much as you need. You can also use the included Wizard software to automate merging in name/address data.

Client Debt Compromise Contract

Writing the Client Debt Compromise Contract document


Terms and Conditions

FOR VALUE RECEIVED, Company Name ("the Undersigned") and Company Name (hereafter referred to as "Company") hereby enter into an agreement this Current Day day of Current Month, Current Year to compromise and reduce any indebtedness due to Company by the undersigned on the following terms and conditions:

The Undersigned and Company acknowledge that the present debt due between each party is Insert Dollar Amount Owed US Equivalent. The parties agree that Company shall accept the sum of Insert Dollar Amount to be Accepted US Equivalent as full and total payment on said debt and in complete discharge of all monies presently due. By depositing or cashing the enclosed payment, Company agrees to the above terms and any and all debt between Company and the Undersigned or a agent thereof is considered PAID IN FULL. If Company or any agent thereof does not agree with ALL of the above terms, then the payment is to be disposed of and is to be considered null and void.

Each party represents and warrants that, on the date first written above, they are authorized to enter into this Agreement in entirety and duly bind their respective principals by their signature below:

The complete Client Debt Compromise Contract - with the actual formatting and layout - is available in this Contract Pack.
Produced by:
Proposal Kit
Software › Computer Software › Business & Productivity Software
$89 USD
Add To Cart ($89)
Proposal Kit reviews4.9 stars, based on 837 reviews
Related documents may be used in conjunction with this document depending on your situation. Many related documents are intended for use as part of a contract management system.

Related Documents:
Disclaimers: Proposal Kit, Inc. makes no warranty and accepts no responsibility for suitability of any materials to licensees business. Proposal Kit, Inc. assumes no responsibility or liability for errors or inaccuracies. Licensee accepts all responsibility for results obtained. Information included is not legal advice. Use of any supplied materials constitutes acceptance and understanding of these disclaimers and terms and conditions.
Proposal KitPublished by Proposal Kit, Inc.
Create winning business proposals & contracts with minimal effort and cost. Downloadable proposal software, proposal templates, legal contracts and sample proposals.
© 1997 - 2023, Proposal Kit, Inc. All rights reserved.
Proposal Kit

Create winning business proposals & contracts with minimal effort and cost. Proposal software, proposal templates, legal contracts and sample proposals.