This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. This Settlement Agreement and Mutual Release (the "Agreement") is entered into on this.A settlement demand letter is a written request to the party responsible for your injury or loss to pay you a fair amount of money without going to court. Use this letter to help you negotiate a full and final settlement offer with a creditor. Tips and sample language for writing the most effective demand letter. Free Sample Debt Settlement Offer Letter. Use this letter to help you negotiate a full and final settlement offer with a creditor. Both are legally binding on all parties. Property settlement agreements address the division of property in a divorce. Your full name used on the account; Your full address; Any account numbers or reference numbers that are linked to your account.