Form 4-6

This form may be used at the time the judgment is to be filed. Note that the debtor cannot consent to or sign a judgment before the lawsuit is filed.

Postjudgment Letter Agreement

[Date]

[Name and address of debtor]

Re:   [name of creditor], Creditor
[include if applicable: Account number [number]]
[include if applicable: Judgment rendered in favor of [name of creditor] in Cause No.
         [number] in the amount of $[amount], plus attorney’s fees, against [name of
         debtor]]
Our file number: [law office file number]

[Salutation]

This letter confirms our agreement to satisfy the balance remaining due to [name of creditor] on the judgment rendered against [name of debtor], as follows:

1.[Name of debtor] agrees to sign and return to me the enclosed judgment, which will be filed of record with the district clerk of [county] County, Texas, and abstracted.

2.[Name of debtor] agrees to pay the amount of $[amount] on or before [date] and a similar amount on the [first/last/fifteenth] day of each month thereafter through [date], when the entire remaining balance of the judgment, including accrued interest, shall be paid in full. All payments, in cash or certified checks, are to be received by [name of creditor] by the due date in care of [name of attorney/name of creditor], [address, city, state].

3.As long as [name of debtor] strictly abides by this letter agreement and timely makes the payments as scheduled herein to [name of creditor], [name of creditor] will not attempt any further collection efforts. But should [name of debtor] default in any payment as herein agreed by the parties, [name of creditor], without further notice, may immediately pur­sue any and all legal methods to collect the balance due, plus additional attorney’s fees and court costs.

If these terms are acceptable, please sign and date below and immediately return this letter to me along with the signed judgment. I will file the judgment of record and return a file-stamped copy to you for your file.

Sincerely yours,

   
[Name of attorney]

APPROVED AND AGREED TO
AS TO FORM AND SUBSTANCE:

   
[Name of debtor]

Date:       

Enc.