An obligation is extinguished by a release therefrom given to the debtor by the creditor upon a new consideration or in writing with or without new consideration. (Code 1923, §5643; Code 1940, T. 9, §4.)
Obligation Extinguished by New Consideration or Writing
Ala. Code § 8-1-23, under Accord and Satisfaction.
Ala. Code § 8-1-23