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.Use this letter to help you negotiate a full and final settlement offer with a creditor. Use this letter to help you negotiate a full and final settlement offer with your lender. Our debt settlement agreement template helps to clearly outline repayment terms to reach a mutually agreeable solution. The forms can be filled in on the computer. A debt settlement letter should include the date, your name and contact information, the creditor's name and contact information, the total amount of the debt, This Agreement will then be filed as part of. Consent Judgments in the respective courts of each of the Settling States, pursuant to the terms. It oversees the workers' compensation adjudication process.