Here is a simple template you can use to write an acknowledgement letter for Debt.
Dear XYZ,
This letter acknowledges the debt of the total amount [Debt amount] owed to [Company name].
[*Optional] We received the total value, including the penalty charges and interest amounts on [Date].
We would also like to acknowledge that there are no setoffs or credits against the balance of this account, with its number ending in [Account number].
Sincerely,
[Your name]
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