Sample Hardship Letter For Loss Of Income Without Pay Stubs

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.
Free preview
  • Preview Hardship Letter to Mortgagor or Lender to Prevent Foreclosure
  • Preview Hardship Letter to Mortgagor or Lender to Prevent Foreclosure
  • Preview Hardship Letter to Mortgagor or Lender to Prevent Foreclosure

How to fill out Hardship Letter To Mortgagor Or Lender To Prevent Foreclosure?

Managing legal documents and procedures can be a lengthy addition to your day.

Example Financial Hardship Letter Due to Loss of Income Without Pay Stubs and similar forms often necessitate that you search for them and figure out how to fill them out correctly.

Therefore, whether you are handling financial, legal, or personal issues, having a comprehensive and user-friendly online collection of forms readily available will be immensely helpful.

US Legal Forms is the leading online platform for legal templates, featuring over 85,000 state-specific forms and a variety of tools that will assist you in completing your documentation promptly.

Simply Log In to your account, find Example Financial Hardship Letter Due to Loss of Income Without Pay Stubs, and download it directly from the My documents section. You can also retrieve previously saved forms.

  1. Browse the collection of relevant documents that you can access with a single click.
  2. US Legal Forms offers you state- and county-specific forms available for download at any time.
  3. Safeguard your document management processes by utilizing a reliable service that enables you to prepare any form in minutes without any extra or concealed fees.

Form popularity

FAQ

Lenders may use them to determine whether or not to offer relief through reduced, deferred, or suspended payments. Hardship Examples. ... Keep 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.

What Is a Hardship Letter? A hardship letter explains to a lender the circumstances that have made you unable to keep up with your debt payments. It provides specific details such as the date the hardship began, the cause and how long you expect it to continue.

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.

Describe the Hardship Explain the hardship in the second paragraph. Only tell as much as you are comfortable with. For example, if the hardship is health-related, simply state you are dealing with health issues. If you experienced a death in the family, you can say so and provide the person's relationship to you.

To Whom It May Concern: I am writing to ask for your assistance. On February 1, my hours at work were cut in half, and my salary was reduced from $2,400 a month to $1,200 a month. Enclosed is a copy of my most recent paystub, which shows my reduced hours and salary.

Trusted and secure by over 3 million people of the world’s leading companies

Sample Hardship Letter For Loss Of Income Without Pay Stubs