Subject: Settlement proposal (composition) — debt [REFERENCE/NUMBER]

My debt to you currently totals [SUM] euros. My financial situation is as
follows: [SHORT DESCRIPTION: income, enforcement/other debts — e.g. my
income is [SUM]/month and I am in enforcement, where the debt accrues an
estimated [SUM]/month].

I propose as a settlement that I pay [SUM] euros as a lump sum by [DATE],
and that you accept this as final settlement of the claim, so that the
remainder of the claim is forgiven and no further demands are made.

I request a written reply within 21 days. If you accept the proposal, I
request written confirmation before payment as well as an undertaking that
you will withdraw your enforcement application in the matter and notify the
credit information companies of the payment.

[DATE]
[NAME, CONTACT DETAILS]