Agreement To Forgive Debt

Agreement to Forgive Debt

This agreement is made on {date} between {Debtor}, hereafter "Debtor," and {Creditor}, hereafter "Creditor":

Both parties hereby agree that the Debtor owes {Creditor} {full amount} in {debt, loans, interest, fees, etc.}

The Creditor hereby forgives and releases the Debtor from all debt, loans, interests, fees, and liens, provided that the following requirements are met:

• That the Debtor has been honest and factual to the best of his/her knowledge concerning {information}
• {Other requirements}

If these requirements are not met, this agreement shall be considered null and void.

Debtor   _________________________ Date __________

Creditor _________________________ Date __________

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