List your name, account information, the original creditor of the debt, and the debt collection agencies identifying information. This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain.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 your lender. How to use this sample letter: 1. Read the background below. 2. Debt collection letter from attorney can be a sensitive issue, no matter what side you're on. Explore the essentials of a Demand Letter for Payment, its components, and why it's crucial in debt collection and financial disputes. Click on a creditor name below to view a sample letter. This represents a small sample of our success.