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.Debt Claims​​ This form must be completed and submitted when an original petition is filed in justice court. Many forms for debt claim cases in Texas in Spanish. 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. How to Arrange a Debt Settlement. If you have a debt that you can't afford to repay in full, a good option may be to negotiate a settlement. Our debt settlement agreement template helps to clearly outline repayment terms to reach a mutually agreeable solution. Free sample letters for writing to creditors. Write a letter of authority, cancel a continuous payment, or tell a creditor a debt is statute barred.