What information should be included in my paidinfull letter? Our debt settlement agreement template helps to clearly outline repayment terms to reach a mutually agreeable solution.Writing a debt collection letter can be difficult. What should you say? You can use this letter to tell a debt collector that you receive income from Social Security or VA benefits. How to use this letter: Read the background below. List your name, account information, the original creditor of the debt, and the debt collection agencies identifying information. Learn how to write an effective collection dispute letter with our guide and templates. Fill in your information on the template letter and edit it as needed to fit your situation. 3. Print and mail the letter.