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Loan Release Letter - Template, Sample Form to Fill out

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.

Dated: ________


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