We are offering you an excellent opportunity to settle your Bank of America account for the amount shown above and avoid further collections efforts. 

BALANCE: $2,133.97
SETTLEMENT OFFER: $950.00

SAMPLE ONLY
U.S. Financial Management is NOT affiliated
with this company. U.S. Financial Management
is NOT a collection agency. This letter is an example
settlement we have obtained for a client.

 1/12/06

21 HEATHER DR APT 2B
RE:         
BALANCE: $2,133.97
SETTLEMENT OFFER: $950.00

Dear Bank of America Customer:

We are offering you an excellent opportunity to settle your Bank of America account for the amount shown above and avoid further collections efforts.  The opportunity to take advantage of this offer will expire 10 days from the date of this letter.  Please send the above-referenced payment to Bank of America, PO Box 60069, City of Industry, CA 91716-0069.

It is important that you act quickly.  If we do not hear from you within the allotted time, your account may be referred to a collection agency or an attorney for possible suit.

Please make your check or money order payable to Bank of America, and include your account number to ensure proper credit.  Upon receipt of the payment, your account will be considered settled and will be reported to the credit bureaus to indicate “Settled for Less Than the Full Balance.”

If the remaining balance is equity to or greater than $600.00, we are required by federal law (Internal Revenue section 6050P) to report this amount.  You will be receiving a Form 1099-C from Bank of America no later than next January 31.  If you have any questions concerning your personal taxes, we recommend that you consult a certified public accountant or other tax professional.

We encourage you to consider the benefits of this offer.  If you have any questions, please contact me at the number below or write to 4161 PIEDMONT PARKWAY, GREENSBORO, NC          27410.

Sincerely,

<Removed for Privacy Reasons>                                        

Bank of America Recovery Department

                                                      PO Boxeensboro, Greensboro, NC 27420-1846