This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. 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. We've settled debts with most major lenders. Here are examples of the letters we have sent that have worked for our clients. Explore the essentials of a Demand Letter for Payment, its components, and why it's crucial in debt collection and financial disputes. It demonstrates that the creditor has made a formal request for payment. Sample Demand Letter for Payment. Lawsuit, made payable to First National Bank of Nevada, do FDIC as Receiver;. (b) The payment under Paragraph 2(a) of this Agreement will be sent to.