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Death of a close family member. Domestic violence. Evicted in the past six months or is facing eviction or foreclosure. Experienced homelessness. Medical expenses that resulted in substantial debt.
Your hardship letter should include the following essential steps: Write an introduction. Detail your hardship. Highlight how youre being proactive about your financial situation. State your request. Provide assurance of financial recovery. Submit supporting documentation.
To Whom It May Concern: I am writing this letter to explain my unfortunate set of circumstances that have caused us to become delinquent on our mortgage. We have done everything in our power to make ends meet but unfortunately we have fallen short and would like you to consider working with us to modify our loan.
The most common examples of hardship include: Illness or injury. Change of employment status. Loss of income.
Acceptable Documentation Lost Employment. Unemployment Compensation Statement. (Note: this satisfies the proof of income requirement as well.) Termination/Furlough letter from Employer. Pay stub from previous employer with.
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People also ask

The Financial Hardship Department email is a scam with one goal to infect your device with malware and steal your personal and financial information. The email claims to be from a government agency or organization that offers financial assistance to those in need.
When you write the hardship letter, dont include anything that would hurt your situation. Here are some examples of things you shouldnt say in the letter: Dont say that your situation is your lenders fault or that their employees are jerks. Dont state that things will likely turn around for you.
Dear Lender, I am writing to request financial hardship assistance with my (mortgage/credit card/student loan/auto loan/personal loan/etc.). This letter provides the details of my hardship, the type of assistance I am requesting and the documents that show my hardship.

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