Use this letter to help you negotiate a full and final settlement offer with your lender. Below, we've created an example of a debt settlement proposal letter that you can use as a guide.Your letter can be sent via your preferred contact method. Use this letter to help you negotiate a full and final settlement offer with a creditor. At Fulton Mortgage Company, we offer a one-settlement construction loan. This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. How to fill out the Fulton County Class Action Settlement Approval? 1. Read the entire memorandum thoroughly. 2. 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, Here is a sample letter showing how to request a settlement of your debt.