Read our Mutual Release and Settlement Agreement template to understand our law firm's procedure in most settlements. Use this free settlement agreement template to keep the terms confidential between parties.Use it in court if some of them are not met. There are certain words or phrases the court expects to see in the agreement. If those words are not in are not there, the court can't accept the agreement. This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. A marital settlement agreement is a formal document required for your California divorce. Find out what it is and how it works here. If your lender agrees to settle a debt for less than you owe, you'll need a written agreement of the terms. Facing financial challenges?