This allows you to avoid filing personal bankruptcy and make a deal with your creditors, in full and final settlement of your debt. (sands-trustee.com)
See the Ask your mortgage lender to accept a full and final settlement offer of payment sample letter. (nationaldebtline.org)
If you've recently come into a large sum of money and you need to pay off some debt, consider a full and final settlement with your creditors. (debtsettlement.com)