Settlement agreement
Funder B (name withheld) — 45% saved
Two stacked positions against one deposit account. The senior position was addressed first to release pressure on the operating account, then this balance was resolved on a twelve-month schedule.
The numbers
$94,200.00
Original debt
$52,000.00
Amount paid
45%
Savings
- Industry
- Restaurant group
- State
- NY
- Term
- 12 months
How the agreement was structured
- Weekly debit replaced with a fixed monthly payment
- Confession of judgment withdrawn as a condition of signing
- UCC termination filed within thirty days of the final payment
Document shown is a redacted sample for illustration. Funder names, figures, and client details are withheld or representative. Results vary by creditor, documentation, and circumstances; no outcome is guaranteed.
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