Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Credit Release Form
"I need a Credit Release Form for releasing a corporate debtor from a S$500,000 credit facility, where the release is conditional upon a final settlement payment to be made by March 2025, and the document needs to allow for information sharing with Singapore credit bureaus."
1. Identification of Parties: Details of the creditor and debtor/credit holder
2. Credit Information Details: Specific information about the credit account(s) being released
3. Release Statement: Clear statement of release from credit obligations
4. Consent for Information Sharing: Authorization to share credit information with relevant parties
5. Execution Block: Signature sections for all parties
1. Partial Release Terms: Used when only certain credit obligations are being released
2. Consideration Details: If release is given in exchange for payment or other consideration
3. Third Party Authorization: When additional parties need authorization to access information
4. Conditional Release Terms: When release is subject to specific conditions being met
1. Schedule of Credit Accounts: Detailed list of all credit accounts covered by the release
2. Payment Schedule: If release is contingent on payment plan
3. Supporting Documents: Copies of relevant credit statements or account information
Authors
Find the exact document you need
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.