A debt settlement letter contains a proposal offer that will hopefully open the door to negotiate a fair and reasonable debt settlement. I am writing in regards to the above-referenced debt to inform you that I am disputing this debt.A debt settlement letter is a tool to negotiate with your creditors and settle your debt at a lump sum payment you're comfortable making. A debt settlement letter is all you need to negotiate debts with your creditors. It asks you to pay a certain settlement amount to the collection agency. This article will make the process of responding to a debt lawsuit a little bit easier and tell you how to answer a summons for debt collection in Florida. Here is a quick template for those looking to send a settlement offer to a collection agency or Pay for Delete. Further, the mover is required either to pay, decline, or make a firm compromise settlement offer in writing within 90 days after receipt of the claim. This document has been reviewed in accordance with U.S. Environmental Protection Agency policy and approved for publication.