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 your lender. Use this letter to help you negotiate a full and final settlement offer with a creditor. Edit, sign, and share sample letter settlement online. No need to install software, just go to DocHub, and sign up instantly and for free. Not sure about how to counter your creditor's debt settlement offer? Download this free Debt Settlement Offer Letter sample. This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. A lawsuit is a claim or dispute brought to a court of law to resolve.