Learn how to write an effective collection dispute letter with our guide and templates. Here's everything you need to know about drafting and filing an Answer to a credit card debt lawsuit, with sample Answers included.Not sure about how to counter your creditor's debt settlement offer? Download this free Debt Settlement Offer Letter sample. You can use the following Cease and Desist letter to debt collectors as a template. 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. This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. This is a template letter to your creditors requesting that they forgive your debt and write it off for compassionate reasons. The Home Foreclosure and Debt Cancellation provision applies to debt forgiven in calendar years 2007 through 2016.