Read our Mutual Release and Settlement Agreement template to understand our law firm's procedure in most settlements. This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain.Drafting a settlement agreement requires writing an offer to resolve conflict or dispute, including terms and conditions both parties must agree to follow. This document provides guidance for submitting settlement agreements, mediation agreements, and resolutions of contested cases or court actions. Most (if not all) settlement agreements specify how to enforce them in the event of a default. This typically involves filing a lawsuit for breach of contract. This document provides guidance for submitting settlement agreements, mediation agreements, and resolutions of contested cases or court actions. Both are legally binding on all parties. Property settlement agreements address the division of property in a divorce. A "clincher" is a full and final NC workers' compensation settlement.