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Debt Settlement Agreement (Ontario)
NextGen Docs form ND-1022. Search ND-1022 on docs.ngz.ca to make this document again.
Settle a debt for less than the full amount, and close it for good.
Start this document $2.99 or in the monthly planHow it works
What you will fill in
- Who is owed the money?
- Who owes the money?
- Full amount owed ($)
- Settlement amount ($)
- Settlement paid by
- Date signed
Good to know
- If the settlement isn't paid on time, the full original debt stays owing.
- Keep proof of payment with this agreement.
Help in your language
Every question comes with help like this. For example, “Who is owed the money?”:
English: The person or business owed the money.
اردو: جس کے پیسے واجب الادا ہیں۔
ਪੰਜਾਬੀ: ਜਿਸ ਦੇ ਪੈਸੇ ਬਾਕੀ ਹਨ।
हिन्दी: जिसके पैसे बाकी हैं।
Français: La personne ou l'entreprise à qui l'argent est dû.
Questions people ask
How much does the Debt Settlement Agreement cost?
It is free to fill in and preview. To download it, buy just this one for $2.99 or use a plan (Monthly $9.99, or Yearly $79); new accounts get 7 days free with no card needed.
Can I fill in the Debt Settlement Agreement in Urdu, Punjabi, Hindi or French?
Yes. The finished document is in English, but every question has plain help in English, Urdu, Punjabi, Hindi and French, and you can speak your answers.
Do I need a lawyer?
Many people use this document on their own. If your situation is complicated, or a lot of money or your home is involved, talk to a lawyer or licensed paralegal. In Ontario, the Law Society Referral Service (findlegalhelp.ca) gives a free 30-minute consultation.
Is my information private?
Only you can see your answers. They are saved on your device, and in your own account if you sign in, so you can finish on another device. NextGen Docs is not a law firm and does not give legal advice.