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.I am now experiencing financial hardship due reduced income. If you want to negotiate a credit card debt settlement yourself, these templates can help you handle the debt negotiation in the best way possible. Download this free sample of the debt settlement agreement template and know how to confirm the verbal debt settlement agreement in writing. Below is a list of forms that you may download for free from our website. How to Dispute a Debt; Debt Dispute Letter; Sample Letters to Dispute Debt; Should I Pay Debt Collectors or the Original Creditor? Our debt settlement agreement template helps to clearly outline repayment terms to reach a mutually agreeable solution. Here's what you need to know about debt settlement and how our lawyers can assist you. What Is Debt Settlement?