All Illinois Courts must accept these forms. All settlement contracts must be drafted in CompFile and filed electronically.Read our Mutual Release and Settlement Agreement template to understand our law firm's procedure in most settlements. In most cases, you'll need to sign an insurance company release form before receiving your settlement check. A settlement demand letter is a written request to the party responsible for your injury or loss to pay you a fair amount of money without going to court. Significantly, a settling defendant must now tender a release to plaintiff within 14 days of written confirmation of the settlement. Use our sample demand letter to draft your letter. If you fill out a form on a webpage, you will lose your progress. No one wants to go to court if resolving an issue without litigation is possible.