Most court cases are settled. In a settlement, both parties agree to the outcome of the case and there is no trial before a judge or a jury.The forms can be filled in on the computer. To make a debt settlement agreement, you should identify your debt owner, negotiate a settlement, and formalize the agreement in writing with all details. This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. A tax warrant is equivalent to a civil judgment against you, and protects New York State's interests and priority in the collection of outstanding tax debt. Gov or call 212-669-2784. We are here to help you understand your statement, know when your balance is due, and access your payment options. If you're worried about how to get out of debt, here are some things to know — and how to find legitimate help. If you do reach an agreement, ask the creditor to send it to you in writing.