Download this free sample of the debt settlement agreement template and know how to confirm the verbal debt settlement agreement in writing. Form settlement offer letter for litigation over preference claims under section 547 of the Bankruptcy Code.Write an effective settlement demand letter. Get tips on structure, key elements, and a free template to negotiate your legal disputes. A template for writing a settlement agreement. Sandra Hand testified that the letter was written to confirm her telephone conversation with Collins concerning payment of the medical charges. Due to financial difficulties, I am unable to pay the outstanding balance in full.