Please include in your letter or e-mail, your name, address, e-mail address and phone number so that we may properly respond to your inquiry in writing. The written confirmation of the debt payment schedule or settlement agreement with a consumer that a debt collection agency is required to furnish.An agreement can be reached before you come to court or when you are in court. The court has placed the most commonly used forms on line as a resource. Please be advised that the forms detailed below are intended to be a guide. This is the preferred method of submission to expedite the filing. This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. Both parties must then complete all required paperwork within 30 or 60 days. Your debt settlement proposal letter must be formal and clearly state your intentions and what you expect from your creditors. How can I settle my case?