Use this sample letter to help you write your dispute letter. Not sure about how to counter your creditor's debt settlement offer?Download this free Debt Settlement Offer Letter sample. You may be eager to know if you, the creditor, approve or decline the proposal. Adding a response date in the letter helps get a faster reply. This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. Ask potential credit counselors exactly what they offer, whether they charge a fee for their services and how long it will take you to become debt free. Want to settle your debt? Withdrawal, Acceptance, and Rejection of Offer. (a). Withdrawal of offer.