Debt Cancellation Letter

[YOUR NAME]
[YOUR ADDRESS]
[YOUR CONTACT NUMBER]

May 2, 2050

Ms. Mia Wallace
1693 Cherry Camp Road,

Chicago, IL 60631

Dear Ms. Wallace,

I hope this letter finds you in good health. I am writing to inform you about the cancellation of your debt. This letter often arrives as a resolution that signals the end of an obligation and represents an official confirmation regarding the termination of your debt repayment duty.

The original debt, attributed to you, was owed to [YOUR COMPANY NAME]. The total sum of this debt was $8,160, and the initial agreement between you as the debtor and the creditor required you to make regular payments towards this sum.

According to the latest settlement agreement accepted and validated by all parties concerned, it has been concluded that you will no longer be obligated to continue making payments. This is effective as of the date of this letter.

Please retain this letter as a record of your debt cancellation. This will serve as a crucial document in confirming your debt-free status and ensuring that you are no longer subjected to future requests for payment related to this debt.

Yours sincerely,

[YOUR NAME]