Your debt settlement proposal letter must be formal and clearly state your intentions and what you expect from your creditors. A pay for delete letter is a negotiation tool to have negative information removed from your credit report.The Consumer Financial Protection Bureau offers sample letters the debtor can use to dispute a debt. I am writing about the money which you are claiming I owe on the above account. I can confirm that I am unable to offer to pay in full what I owe. If you're not finding the forms you need, contact us at (801) 238-7990 or Click here to contact the web navigator. Check out our settlement letter selection for the very best in unique or custom, handmade pieces from our templates shops. After much testing, we have written a sample pay for delete letter that you can use to get started. Fed up with searching for effective goodwill letter templates? We've tested over 15 to find the best one, and we'll give it to you for free.