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Learn To Write a Hardship Letter: An Example of Hardship Letters

Posted 4 Aug 2009

Re: Loan Modification:

We am writing this letter to explain my unfortunate set of circumstances that have caused us to become delinquent on our mortgage. Collectively have done everything in our power to make ends meet but unfortunately we have can’t pay and would like you to consider working with us to modify our mortgage. Our number one hope is to keep our home and we would really appreciate the ability to save our family’s future.

The main reason that caused us to be late is we had a family illness. Then we became late on our payments and with no income coming it, we were late on all our bills and our monthly income not being nearly enough, we had fallen further and further behind. Now, it‚Äôs been to the point we’ve exhausted all our other options where we cannot afford to pay what is owed to your bank. It is our full intention to pay what we owe. But at this time we have exhausted all of our income and resources so we are turning to you for help.

Today, the date is.

Our situation has not got better because we have been unable to find work and we feel that a loan modification would benefit us both. We would appreciate if you can work with us to lower our foreclosure amount owed and or payment so we can keep our home and also afford to make amends with your banking center.

We truly hope that you will consider working with us and we are anxious to get this settled so we all can move on.

Sincerely and Respectfully,

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