This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. A proposal for settlement in Florida (PFS) is the process in which a party to a civil action makes an offer to settle the case before final judgment.Your letter might be 20-30 pages long if your claim is complex. We have made this agreement to settle the issues involving our minor or dependent child(ren). 2. Read our Mutual Release and Settlement Agreement template to understand our law firm's procedure in most settlements. After completing this form, you should file the. Your letter might be 20-30 pages long if your claim is complex. This Debt Settlement Agreement (hereafter, "Agreement") is between. ("Creditor(s)"), and. If you're considering entering into a proposal for settlement agreement in Florida, it's important to understand the process and what it entails.