This article provides a template for a debt settlement proposal letter and explains what a debt settlement letter should contain. A debt validation letter is a written communication that a consumer sends to a debt collector or creditor to request verification and validation of a debt.Edit, sign, and share sample letter settlement online. No need to install software, just go to DocHub, and sign up instantly and for free. Click on the link(s) for the forms you'd like to download. Request for Confirmation in Writing: Once an agreement is reached, ensure you receive written confirmation of the settlement terms before making any payments. Most creditors accept a settlement from accounts that have missed payments for at least six months or more. This article will explain how to handle debt settlement on your own and how to write the best debt settlement letter possible. You have met all other reinstatement requirements, i.e. , proof of insurance, remedial course, etc. 3.