Notice of Settlement. 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. Most court cases are settled. In a settlement, both parties agree to the outcome of the case and there is no trial before a judge or a jury. Easily create and download a Notice of Settlement form for Nassau County, New York. Fill it out online or choose the blank version in PDF or Word format. This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. These are documents and forms relating to the areas in which they are located. Most documents and forms on this website are in Adobe Acrobat (.