Here is a quick template for those looking to send a settlement offer to a collection agency or Pay for Delete. Writing the Settlement Offer Letter​​ Specify the amount that you can pay, as well as what you expect from the creditor in return.If you doubt that you owe a debt, or that the amount owed is not accurate, your best recourse is to send a debt dispute letter to the collection agency. 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. No information is available for this page. To fill out this letter, clearly write your name and address at the top. Include the date and the collection agency's name and address. Many departments and agencies have their own claim form. Claim forms for some Sacramento–area agencies are linked below.