See a sample Answer Form for Consumer Credit Transaction. 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. This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. There are many tools to help you collect money or property from the Debtor. Some Courts give you the forms you need. Only a small number of consumers who enroll in debt settlement plans are able to complete them. Not sure about how to counter your creditor's debt settlement offer? Download this free Debt Settlement Offer Letter sample. Use this letter to help you negotiate a full and final settlement offer with a creditor.