Please choose the correct ending to complete the given sentence: Education and Communications: [header] How to write a settlement proposal [title] Collect all information on your debts and sort it by date. [title] Decide which debt you want to settle and the amount you can pay. [step] You should choose a debt that is long overdue and which the creditor might reasonably expect will not be paid back.

Ending1: Keep in mind that you may need to pay the creditor another debt before you can negotiate any money. If you have not yet taken a loan from the creditor, then compile other debts before you can negotiate your settlement agreement. Ending2: [substeps] Understand why debt collection procedures will be different. Generally, debt collection procedures will not involve pay backs, negotiation, or trial. Ending3: [title] Decide on a figure for your settlement. [step] In general, a debt settlement should be about half of the total amount owed. Ending4: However, if you are dealing with several different debts, these might go against your settlement proposal. [substeps] Focus on the value of the debt: you want to collect debt with a larger amount than you reasonably believe the creditor will pay back to satisfy the debt.

Answer format: ending1/ending2/ending3/ending4