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. Use this letter to help you negotiate a full and final settlement offer with a creditor. Not sure about how to counter your creditor's debt settlement offer? Download this free Debt Settlement Offer Letter sample. List your name, account information, the original creditor of the debt, and the debt collection agencies identifying information. 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, Our debt settlement agreement template helps to clearly outline repayment terms to reach a mutually agreeable solution. A debt settlement letter is all you need to negotiate debts with your creditors.