Model text of the most popular debt amount determi

2022-08-15
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Debt amount determination and debt repayment settlement contract model

creditor x x x x (hereinafter referred to as Party A) and debtor x x x (hereinafter referred to as Party B), both parties reconcile the amount of credit debt and its payment method in the following way

content of dispute:

compared with ABS, Party A and Party B have maintained the balance of the credit debt of the commodity (copper plate, steel pipe and other steel products) trading contract for nearly 20 years from x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x, The settlement between the two parties is as follows:

Article 1 Party B acknowledges that it owes party a credit debt of RMB x only this day, and from this day to the date of debt repayment, all the interest shall be calculated at the daily interest rate of X points, and Party B shall undertake the obligation of repayment

Article 2 the principal of Party B's debt in the preceding article is x x yuan only, which is delivered in person or to Party A's residence in the following times

1. From x x, x, x, to x, x, x, x, x, x, x, x, x, x, x, x, x, X

2. X x x x x (the last time) before x month x day x year x x yuan only

Article 3 if Party B pays the debt in the previous article on time, the interest payment mentioned in Article 1 may be exempted

Article 4 if Party B delays the payment of the installment method set forth in Article 2, it will immediately lose the term interest of the contract without Party A's notice and reminder. In addition to paying the balance of the amount deducted from the paid amount with pacxpert technology taking root in China, Party B shall also pay the interest accrued under the same article in a lump sum

Article 5 according to the preceding article, Party B shall pay the combined amount of principal balance and interest in a lump sum on the date of losing the interests of the contract term. If there is any further delay, the total interest shall be calculated by adding the above amount with daily interest of X points from the date of payment to the date of repayment

Article 6 when Party B pays the debt in installments according to Article 2, the maturity date of the cheque issued shall not exceed the deadline of the payment period

Article 7 Party A and Party B shall confirm that there is no debt relationship except this contract

Article 8 for disputes related to this contract, Party A and Party B agree that the court of first instance shall be the court of jurisdiction of Party A's domicile

the above settlement contract is established. This contract is made in duplicate, with each party holding one copy

creditor (Party A): x x

address:

unified ID card number:

debtor (Party B): x x

address:

unified ID card number:

x x x MM DD YY

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