Loan Release Letter

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A debtor is one who owes another party a specific sum of money. For example, if A has given money to B. A is the creditor and B the debtor. Enter the full name of the debtor.

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DEBT RELEASE FORM

In the consideration of the payment made by ________ (the "Debtor") of: ________ of debts pursuant to a Loan Agreement dated ________, which provides the terms and conditions for the repayment of the sum of ₦________ (________), plus accrued interests (the "Agreement"), I, the undersigned, my assigns, successors hereby release and discharge the Debtor, their successors and assigns from all debts, monies, bills, bonds, damages, other financial obligations and liabilities arising from the Agreement.

I hereby acknowledge that having paid the last installment on ________, the Debtor has made full and complete payment of the debts, including all interests and liabilities resulting from the Agreement and that all terms of the loan were met satisfactorily.

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Dated: ________


__________________________________
________

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DEBT RELEASE FORM

In the consideration of the payment made by ________ (the "Debtor") of: ________ of debts pursuant to a Loan Agreement dated ________, which provides the terms and conditions for the repayment of the sum of ₦________ (________), plus accrued interests (the "Agreement"), I, the undersigned, my assigns, successors hereby release and discharge the Debtor, their successors and assigns from all debts, monies, bills, bonds, damages, other financial obligations and liabilities arising from the Agreement.

I hereby acknowledge that having paid the last installment on ________, the Debtor has made full and complete payment of the debts, including all interests and liabilities resulting from the Agreement and that all terms of the loan were met satisfactorily.

8222 2552 2588 5282582 5285228 2282 22 252 825222222 525 88 222 82222525 22 2528222 252 828225 2522 2582888822 252 22528 22 22525 822255828 8228222 252 828225 525 252 85258225.

Dated: ________


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