Date the letter was written. This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain.To settle a debt in Massachusetts, you must first respond to any debt lawsuits with an Answer, then send a settlement offer, and get the agreement in writing. "Generate a free Debt Validation Letter to ascertain the legitimacy of your debt. Not sure if you owe? Most users should use Petition for Order of Complete Settlement (MPC 855). To respond, you should answer each issue from the Complaint, assert your affirmative defenses, and file the Answer document with the court. Loan commitment letters must be clean and received on the loan commitment date specified in the purchase and sales agreement. If you did not receive a personalized Notice in the mail or via email, click below to complete a Claim Form. Use this letter to help you negotiate a full and final settlement offer with your lender.