I am the attorney of record for the Defendant in the above stated case(s). After receiving, reviewing and conveying the State's offer to my client:.I have reviewed your letter very carefully, including your settlement offer. Unfortunately, I cannot accept your offer for the reasons discussed below. Acceptance of offer. 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. I looked back at some rejection letters I sent and realized that I usually follow a pretty simple format: Say thanks. April 1, 2005. Sec. 542.003. (You may designate payments to a specific tax year and tax debt.) IRS may file a notice of federal tax lien.