This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. Below is a sample, fillintheblank letter that you can use as a guide for disputing a debt with a collector.Here is a quick template for those looking to send a settlement offer to a collection agency or Pay for Delete. 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. After being served, I settled the debt with the collector. You can use the following Cease and Desist letter to debt collectors as a template. Not sure about how to counter your creditor's debt settlement offer? Download this free Debt Settlement Offer Letter sample. Employment centers fill up in the morning, while stations in the surrounding areas are empty.