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.A good debt settlement letter should be concise, thorough, and convincing enough to get a creditor to agree to your terms. Edit, sign, and share sample letter settlement online. No need to install software, just go to DocHub, and sign up instantly and for free. We'll walk you through how to put together a debt settlement letter that gets to the point and shows your creditors you're serious about sorting things out. A black and white letter template for a debt settlement request. This program will help you write a letter that formally requests the money you are owed. This is called a Demand Letter. Use this letter to help you negotiate a full and final settlement offer with your lender.