A petition for order of complete settlement is a formal proceeding. This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain.Learn about what goes into a settlement demand letter and how to avoid common mistakes from Sweeney Merrigan Personal Injury Lawyers. This form is furnished to give you a statement of actual settlement costs. A Demand Letter for Chapter 93A is an official letter sent prior to filing a lawsuit against someone else, which describes the wrongful acts of the other party. Edit your out of court settlement letter example online. Type text, add images, blackout confidential details, add comments, highlights and more. A settlement letter is a written offer from a creditor to settle a debt, and serves as legal documentation of this arrangement. If a house in the State of Massachusetts is left empty (or abandoned) for a while, insurance can get dicey. In all cases, each party must complete a Financial Statement which provides a snapshot of current assets, debts, income and expenses.