This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. Below, we've created an example of a debt settlement proposal letter that you can use as a guide.Your letter can be sent via your preferred contact method. Use this letter to help you negotiate a full and final settlement offer with your lender. Download this free sample of the debt settlement agreement template and know how to confirm the verbal debt settlement agreement in writing. Use this letter to help you negotiate a full and final settlement offer with a creditor. Our debt settlement agreement template helps to clearly outline repayment terms to reach a mutually agreeable solution. For questions pertaining to local real estate taxes contact Fairfax County Department of Tax Administration at (703) 222-8234. This manual is intended to assist persons who are involved in the administration of a decedent's estate in Virginia. Virginia has no separate probate court.