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.Print and fill out the appropriate form. You may mail the form or bring it in person to the Justice Court. Use this letter to help you negotiate a full and final settlement offer with your lender. This article will make the process of responding to a debt lawsuit a little bit easier and tell you how to answer a summons for debt collection in Texas. Please keep in mind that this is a free debt settlement agreement template. Complete Final Forms and Prepare for Court. • Fill out the Final Decree of Divorce form and sign it. Those entities don't have to do that if the appraised values keep going up… To say that you haven't raised taxes is not true, at all.