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. Our debt settlement agreement template helps to clearly outline repayment terms to reach a mutually agreeable solution. A good debt settlement letter should be concise, thorough, and convincing enough to get a creditor to agree to your terms. Argue that canceling federal student loan debt can substantially help close the racial wealth gap. They use the following sample letter. Failure to complete a section will result in the application not being decmed complete. Patient Harm: Some patients backslid when insurers cut off coverage for treatment at key moments.