I can confirm that I am unable to offer to pay in full what I owe. And I want to offer this as an ex-gratia payment in full and final settlement of the account.Your debt settlement proposal letter must be formal and clearly state your intentions and what you expect from your creditors. Use this letter to help you negotiate a full and final settlement offer with a creditor. Not sure about how to counter your creditor's debt settlement offer? Download this free Debt Settlement Offer Letter sample. The Vehicle Payoff Sample Letter form is a crucial document for individuals aiming to transfer their vehicle loan to the State Department Federal Credit Union. Here is a sample letter showing how to request a settlement of your debt. A hardship letter is a letter written to request leniency or special consideration in the case of financial difficulties. I am hugely embarrassed to be in this position in the first place.