Your debt settlement proposal letter must be formal and clearly state your intentions and what you expect from your creditors. This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain.When drafting a debt settlement letter, you'll want to include basic information, including your name and account number. Our debt settlement agreement template helps to clearly outline repayment terms to reach a mutually agreeable solution. What are the consequences of not paying a debt settlement? Learn how to write a professional Debt Settlement Letter using this template. Download this Debt Settlement Letter addressed to a Debtor now! Not sure about how to counter your creditor's debt settlement offer? Download this free Debt Settlement Offer Letter sample. Write a letter every day to make sure your keen interest is known.