A debt settlement letter is all you need to negotiate debts with your creditors. It asks you to pay a certain settlement amount to the collection agency.Learn how to write an effective collection dispute letter with our guide and templates. Want to settle your debt? A pay for delete letter is a negotiation tool to have negative information removed from your credit report. Understand your options when the insurance company makes a lowball injury settlement offer, and see a claimant's sample response letter. Use this letter to help you negotiate a full and final settlement offer with a creditor. Here is a quick template for those looking to send a settlement offer to a collection agency or Pay for Delete.