This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. Medical Payments (Flat Fee).Guide and free template to craft an effective settlement demand letter. Your debt settlement proposal letter must be formal and clearly state your intentions and what you expect from your creditors. We've settled debts with most major lenders. Here are examples of the letters we have sent that have worked for our clients. File Demand Letter North Carolina. Fill out a simple, secure Demand Letter questionnaire, and Fast Legal Form filing handles all the legal form filing work. This file contains a sample letter to beneficiaries providing instructions for settling an estate. This form is furnished to give you a statement of actual settlement costs.