This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. Not sure about how to counter your creditor's debt settlement offer?Download this free Debt Settlement Offer Letter sample. 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. Here is a quick template for those looking to send a settlement offer to a collection agency or Pay for Delete. COMMERCIAL DIVISION SAMPLE CHOICE OF FORUM CLAUSES. Purpose. Understand your options when the insurance company makes a lowball injury settlement offer, and see a claimant's sample response letter. If a creditor or debt collector sends a settlement offer, don't pay until you are sure it is in your best interest to settle. Minnesota AG, which required NAF to cease providing debt collection arbitration services.