Hardship Letter For Breaking Lease

State:
Multi-State
Control #:
US-FORECL-07
Format:
Word; 
Rich Text
Instant download

Description

This is a hardship letter that may be sent to a lender to prevent foreclosure by requesting their assistance with a short sale, loan modification, refinance, repayment plan, reinstatement, forbearance, or deed in lieu. Examples of hardship explanations are provided.
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FAQ

Tips for Writing a Hardship LetterKeep it original.Be honest.Keep it concise.Don't cast blame or shirk responsibility.Don't use jargon or fancy words.Keep your objectives in mind.Provide the creditor an action plan.Talk to a Financial Couch.

Keep a copy of your letter, as well as any correspondence between you and the landlord.Include the date at the top of the letter.Acknowledge that you you are behind in paying your rent and apologize for your actions.Explain the situation that has led to your current financial hardship.More items...

Can I terminate my lease due to COVID-19? general the COVID-19 outbreak is NOT a legal basis to terminate a lease. Similarly, UC Berkeley's decision to offer online-only instruction during the 2020 spring semester, financial hardship, and mental distress generally are NOT grounds to terminate a lease.

It should contain the essentials, such as:Your name, and the landlord's name and address.The date you're writing the letter.Informing the landlord you're breaking your lease early.The reason why you're breaking your lease.The building and apartment you're vacating.The date by which you're vacating.More items...

Tips for Writing a Hardship LetterKeep it original.Be honest.Keep it concise.Don't cast blame or shirk responsibility.Don't use jargon or fancy words.Keep your objectives in mind.Provide the creditor an action plan.Talk to a Financial Couch.

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Hardship Letter For Breaking Lease