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w.davis · 03-24-2009, 04:11 PM

Can someone help me format a hardship letter based on applying for a modification after a 4 month repayment period?

Our repayment period will be up on 04/15/09 and we are needing to start the process all over again with a negotiator to try and get our loan modified permanently. Our situation was we were never late on payments but we had medical bills piling up along with automobile problems and then our mortgage pymt. would have gone up if it wasn't for the repayment plan because there was a shortage on our home taxes which was added to our original monthly payment and it made our payment go up. We were unable to afford that so we accepted the 4 month repayment plan.

We're at the end now and need to put together a hardship letter again. On 02/16/09 my mother passed away and I ended up having to pay for all the expenses as she didn't have life insurance so we're now back at square one with our debt. Can anyone offer some advice as to how my letter should be worded?

03-24-2009, 04:11 PM	#35 (permalink)
w.davis Senior Member Join Date: Sep 2008 Posts: 33 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Examples of a Hardship Letter Can someone help me format a hardship letter based on applying for a modification after a 4 month repayment period? Our repayment period will be up on 04/15/09 and we are needing to start the process all over again with a negotiator to try and get our loan modified permanently. Our situation was we were never late on payments but we had medical bills piling up along with automobile problems and then our mortgage pymt. would have gone up if it wasn't for the repayment plan because there was a shortage on our home taxes which was added to our original monthly payment and it made our payment go up. We were unable to afford that so we accepted the 4 month repayment plan. We're at the end now and need to put together a hardship letter again. On 02/16/09 my mother passed away and I ended up having to pay for all the expenses as she didn't have life insurance so we're now back at square one with our debt. Can anyone offer some advice as to how my letter should be worded?