This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. A debt settlement letter should include the date, your name and contact information, the creditor's name and contact information, the total amount of the debt,List your name, account information, the original creditor of the debt, and the debt collection agencies identifying information. Your debt settlement proposal letter must be formal and clearly state your intentions and what you expect from your creditors. Use this letter to help you negotiate a full and final settlement offer with a creditor. How to use this sample letter: 1. Read the background below. 2. A debt validation letter is a written communication that a consumer sends to a debt collector or creditor to request verification and validation of a debt. Not sure about how to counter your creditor's debt settlement offer? Download this free Debt Settlement Offer Letter sample.