How to Write a Settlement Proposal

This article was co-authored by Lyle Solomon, JD and by wikiHow staff writer, Christopher M. Osborne, PhD. Lyle Solomon is an Attorney and the Owner of the Law Office of Lyle D. Solomon. With nearly three decades of experience, he practices civil law and specializes in consumer debt relief services and bankruptcy. Lyle is also the author of Think Different! Save More! He holds a BA in Criminal Justice from The University of Nevada, Las Vegas, and a JD from The University of Pacific, McGeorge School of Law.

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If you’ve done your homework and know that a settlement proposal is your best option for paying off a particular debt, jump right into the article below. It’ll guide you step-by-step through the process of writing a persuasive and legally-sound offer to your creditor. If, however, you’re still unsure whether writing a settlement proposal is your best debt-relief option, check the Tips section of this article, then contact a nonprofit credit counseling service—not a for-profit debt settlement firm—for help in making the right financial decision for your specific case. [1] X Trustworthy Source US Consumer Financial Protection Bureau U.S. government agency for protecting consumers in the financial sector Go to source