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

Posted 6 Aug 2009

I am writing this letter to explain my saddening set of circumstances that have caused us to become without ability to pay on our mortgage. Collectively have done everything in our power to make ends meet but unfortunately we have can no longer pay and would like you to consider working with us to get a loan modification. Our number one goal is to keep our home and we would really appreciate the chance to protect our family.

The main reason that caused us to be late is we had a death in the family. Then we became late on our payments and with no income coming it, we were late on all our bills and our cashflow not being nearly enough, we had fallen further and further behind. Now, it’s come to the time 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 both my spouse and I have been laid off work and we feel that a loan modification would benefit us both. We would appreciate if you can work with us to lower our delinquent balance amount owed and or payment so we can keep our home and also afford to make amends with your lending institution.

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,

Signed You
The date today