cash settlement letter

by Guest » Thu Oct 27, 2011 05:01 pm
Guest

I would like to get comment on the following cash settlement I'm planning to send to the other party.

About a week ago, I had a minor car accident in the school parking lot and the other vehicle only had a little scratch on the bumper and we decided to settle rather than report to insurance company, please comment on the following letter that I'm planning ask the other party to sign, Any other info I need to add?


_________________ and _______________ agreed to a full and final settlement of all claims known and unknown in the amount of _________ for damages caused to ____________________ (make/model) on ____________ Date and ___________Location


_________________ has agreed there were no injuries sustained in this accident. By signing and accepting this settlement, __________________ waives her right to any and all future claims against __________________

Total Comments: 1

Posted: Fri Oct 28, 2011 05:13 am Post Subject:

Also add the proper address and contact details of the other party.

You may also attach a picture of the damaged car as a document. These documents will make sure that the other party doesn't claim anything or sue you for it in the future.

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