This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. You can use the following Cease and Desist letter to debt collectors as a template.You may be eager to know if you, the creditor, approve or decline the proposal. Adding a response date in the letter helps get a faster reply. 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. Crafting a debt settlement letter properly can help you get your creditors to accept your proposal. Learn how to write correctly one now. A good debt settlement letter should be concise, thorough, and convincing enough to get a creditor to agree to your terms.