Ask your mortgage lender to accept a full and final settlement offer of payment (sole name). Use this letter to help you negotiate a full and final settlement offer with a creditor.Sufficient funds in the Settlement Fund in Payment Years 1 and 2 to pay amounts owed to. Your debt settlement proposal letter must be formal and clearly state your intentions and what you expect from your creditors. Get the latest on the National Association of Realtors (NAR) lawsuit. WHEREAS, Husband and Wife have independently conferred concerning this Separation.