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.I can confirm that I am unable to offer to pay in full what I owe. And I want to offer this as an ex-gratia payment in full and final settlement of the account. This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. Be sure to submit the correct form to prevent any delays. Write a Formal Demand Letter in Pima County for requesting money, possession of assets, or action on a matter. Use this letter to help you negotiate a full and final settlement offer with a creditor. You have 20 days to respond to a debt lawsuit in Arizona. You have 20 days to respond to a debt lawsuit in Arizona.