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.I am now experiencing financial hardship due reduced income. See a sample Answer Form for Consumer Credit Transaction. 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. We can help you recover monies owed to you. Contact an experienced Fort Wayne debt collection attorney today. There are many tools to help you collect money or property from the Debtor. Some Courts give you the forms you need.