This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. A debt settlement letter should include the date, your name and contact information, the creditor's name and contact information, the total amount of the debt,Use this letter to help you negotiate a full and final settlement offer with your lender. "Qualified Settlement Fund"). This form is furnished to give you a statement of actual settlement costs. A settlement letter is a written offer from a creditor to settle a debt, and serves as legal documentation of this arrangement. If attorney fees are contingent, a copy of the written agreement must be filed with the petition, along with a statement setting forth the fees and costs. Use this tool to fill out the forms to ask a court to set aside an adult criminal conviction.