Debt Settlement and Payment Plan Agreement (Lender Side)
A Debt Settlement and Payment Plan Agreement written to favor the lender, covering the document that settles an obligation with payment terms, a conditional release, and a stipulated remedy on default.
Includes the fallback language to use when the counterparty objects, so you are not redrafting under pressure. A full custom draft prepared from your transaction, your counterparty, and the risks that are actually in front of you.
Frequently asked questions
The fee covers the finished document, filing-ready or send-ready as applicable, the supporting exhibits or attachments described in the scope, and a short cover memorandum explaining the choices made. It is fixed at this scope: one debtor. 2 rounds of revisions are included. If your matter falls outside that scope we tell you before starting and quote the difference — we do not bill past a flat fee without agreeing it first.
3 to 5 business days from a complete set of instructions, plus time for the 2 rounds of revisions included in the fee. If you are working to a court deadline or a closing date, tell us when you order and we will confirm in writing whether we can meet it before you commit.
$1,475 is $325/hour × 4.5 hours — the time this deliverable takes in an ordinary collections matter, at the firm's standard rate. Because it is a flat fee, the risk of the work running long sits with the firm: you pay $1,475 whether it takes us the estimate or twice it.
Third-party costs are never inside a flat fee and are passed through at cost, never marked up: court and agency filing fees, court reporter and transcript charges, expert witness fees, search vendor and e-discovery hosting charges, process server fees, and travel.
The business terms you have agreed so far, the counterparty and which side of the deal you are on, any existing draft, term sheet, or prior agreement, and your risk tolerance on the provisions that matter most to you. Send what you have — if something is missing we will tell you what else we need before the turnaround clock starts.
Clients also order
Other Collections work MC Law prepares on a flat fee.
Collection Demand and Validation Response Package — Template and Playbook
A reusable Collection Demand and Validation Response Package template plus a negotiation playbook, for the document that demands payment in language that complies with the debt collection rules rather than creating a counterclaim.
Debt Settlement and Payment Plan Agreement (Borrower Side)
A Debt Settlement and Payment Plan Agreement written to favor the borrower, covering the document that settles an obligation with payment terms, a conditional release, and a stipulated remedy on default.
Collection Demand and Validation Response Package (Long Form)
A long-form Collection Demand and Validation Response Package that demands payment in language that complies with the debt collection rules rather than creating a counterclaim, built for a high-value or heavily negotiated transaction.
Confession of Judgment and Stipulated Judgment Package
A custom-drafted Confession of Judgment and Stipulated Judgment Package that creates an enforceable judgment on default without a trial, where the law allows it and the drafting is exact.
Debt Settlement and Payment Plan Agreement
A custom-drafted Debt Settlement and Payment Plan Agreement that settles an obligation with payment terms, a conditional release, and a stipulated remedy on default.
Confession of Judgment and Stipulated Judgment Package (Borrower Side)
A Confession of Judgment and Stipulated Judgment Package written to favor the borrower, covering the document that creates an enforceable judgment on default without a trial, where the law allows it and the drafting is exact.