Once the balance due has been paid in full, the debtor is exempt from any financial liability. This can be supplemented by a release form and can also be used by the debtor to settle outstanding balances in their credit information. [For more information on this agreement, please contact The Office of International Claims and Investment Disputes, Office of the Legal Adviser, U.S. Department of State, Suite 203, South Building, 2430 E St., NW, Washington, DC, U.S.A., 20037-2800 (Tel. (202) 776-8360, Fax: (202) 776-8389).] The establishment of a payment plan requires the agreement of a creditor and a debtor and the setting of the terms in an agreement. In the event of outstanding balances, a payment plan is often the “last chance” for the debtor to settle a debt. [Reproduced from the office of International Claims and Investment Disputes, Office of the Legal Adviser, U.S. Department of State.