This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. An agreement between an employee or an employee's dependent and the employer or insurer to settle any claim for compensation under this chapter is validParties agree to the following payment schedule: Date Payment is. Due. I can confirm that I am unable to offer to pay in full what I owe. And I want to offer this as an ex-gratia payment in full and final settlement of the account. Download Minnesota Debt Validation Letter template, modify and send for signing using BoloForms Signature.