Underline: honestly. Your hardship. Additionally, my wife suffered complications from a car accident she was in 7 months ago which left us with substantial medical and insurance bills.
This document will go through and be assessed by decision-making individuals. We would appreciate your help in working out a reduction of the amount we owe the bank so we can keep our home.
Explain honestly the reasons why you are struggle financially. Under normal circumstances we can easily meet our mortgage obligations.
While we are behind on our payments, we have a strong desire to keep our home. Despite my efforts, I was not able to find additional employment until last month. Therefore, I am writing this letter to request your assistance with helping us work through a loan modification. Francom: As you are aware, we are currently 5 months behind on our mortgage payments.
Formatting Financial Hardship Letters As you appeal to involve financial bodies on the problems you are facing, be sure to remember that your financial letter still has to follow a business or professional format. Be guided on the format with these Sample Hardship Letters.
We used the unemployment benefits and our savings to pay our mortgage for the first 3 months but quickly found ourselves unable to make our payments and have fallen further and further behind.
I was let go during a round of layoffs 8 months ago.