Canadian Legal Forms > Credit & Collection > Set-Off Agreement
Set-Off Agreement
Set-Off Agreement is used when two parties that are indebted to one another. Pursuant to this agreement, the parties' debts will be "set-off" against one another so that the party with the smaller debt will not owe anything and the party with the larger debt will owe the difference between the two debts.
See form: Set-Off Agreement
Note: Some forms not suitable for use in the province of Quebec. Check form details.