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Release Statements

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  • Release Statements

    Can anyone tell me if this Release Statement will release me from the ex taking any more from me later.???. He has asked for $3500 so I can keep the vehicle. He did make the payments and morally I feel this is fair to give him that. The van and insurance is in my name. He threatens to sue me for half my home so I am afraid he may come back later for more. We lived together for 3 yrs. except when he went south for the winters.Here is the Release Statement I want him to sign. If anyone can tell me if this covers me forever I would appreciate it.

    In consideration to the sum of Three Thousand,Five Hundred ,$3500.00 CND ,paid by cash,the receipt and sufficiency of which consideration is acknowledged, __________the Releasor of no present address, releases and forever discharges_____________ the Releasee) , her heirs,executors,legal representatives and assigns from all manner of actions,cause of action,debts,accounts,bonds,contracts,claims and demands for or by reason of any damage,loss or injury to person or property which has been or may be sustained as a consequence of the following.

    The claim or dispute arose as a result of the disintegration of the relationship

    The Releasor acknowledges that this release is given with the express intent of effecting the exstingishment of certain obligations owed to the Releasor, and with the intent of binding her heirs,executors,legal representatives and assigns.

    For the above noted consideration the undersigned further agrees not to make claim or take proceedings against any other person or corporation which might claim contribution or indemnity under the provisions of any statute or otherwise.

    Signed on this day

    Signature of Releasor

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