
Debt Settlement Tracking Sheet
Debt Settlement Tracking Sheet
A Debt Settlement Tracking Sheet is a spreadsheet or other document used by a debtor or their representative to monitor and manage the progress of their debt settlement efforts across multiple accounts and creditors. The tracking sheet typically includes a list of all the outstanding debts, along with key information such as the creditor name, account number, original balance, current balance, settlement offer, and status. The sheet may also include columns for tracking the dates and amounts of any payments made, the estimated savings or costs of each settlement, and any notes or follow-up actions needed. The purpose of a Debt Settlement Tracking Sheet is to provide a centralized and organized system for keeping track of the various debts and negotiations, to ensure that all debts are being addressed in a timely and effective manner, and to help the debtor stay on top of their settlement obligations and progress. The sheet should be regularly updated and reviewed, and may be shared with the debtor’s settlement company or legal counsel as needed.