Opportunities for debt relief
After you lent someone money, you would now like to grant the person partial forgiveness for the debt? Or you want to create a written acknowledgment of the outstanding debt? Both are possible.
In the first case, you and the person you lent money to must sign a so-called release agreement. In the second case, the person you lent money to stipulates in writing how much money they still owe you (debt acknowledgment).
We have created a template for you to help you create a release agreement or a debt acknowledgment.