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.This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. Use this letter to help you negotiate a full and final settlement offer with a creditor. Use this letter to help you negotiate a full and final settlement offer with your lender. A debt settlement letter should include the date, your name and contact information, the creditor's name and contact information, the total amount of the debt, For example, a judgment may award the plaintiff a specific sum of money based upon the court's finding that the defendant negligently injured the plaintiff. Create your new DocHub profile or sign in to an existing one. FindLaw breaks down what is covered in a typical property settlement agreement. How do I write a debt settlement agreement?