Settlement Agreement Review Checklist

A Settlement Agreement Review Checklist is a tool used by debtors or their representatives to carefully examine and evaluate a proposed debt settlement agreement before signing it. The checklist typically includes items such as verifying the accuracy of the debt amount and creditor information, confirming the settlement terms and payment schedule, checking for any hidden fees or costs, ensuring that the agreement includes a release of liability and a closure of the account, and reviewing any legal disclaimers or waivers. The purpose of this checklist is to help debtors identify any potential issues or concerns with the settlement agreement and to ensure that they fully understand and agree to the terms before committing to the settlement.