Document background
A Request Letter For Settlement is a crucial document in Singapore's debt recovery and dispute resolution process. It serves as a formal attempt to resolve matters before escalating to litigation, aligning with Singapore's emphasis on alternative dispute resolution. The document should be used when seeking to settle outstanding debts, resolve commercial disputes, or negotiate payment arrangements. It typically includes detailed information about the debt or dispute, settlement proposals, payment terms, and deadlines, while conforming to Singapore's legal requirements regarding documentation and communication in settlement matters.
