I am writing this letter to request a modification of my {house/car/etc.} loan. The current plan has become an extreme hardship since my {relation} passed away.
My {relation}, {Name}, passed away on {date} of {cause}. In addition to the emotional impact this had on me and my family, it also had severe financial repercussions. {Name} was the {sole provider/co-borrower/investor} in our family, which has caused a huge income disparity.
{Name} was a {position} and able to put {monetary amount} toward our loan every month. I am a {position} and able to put in {monetary amount} after necessary expenses. Unfortunately, that means that I am no longer able to meet the terms of our current arrangement.
I am hoping to discuss a revised loan payment plan with you as soon as possible. The modified plan is {modified plan}. I have attached the necessary paperwork and expense reports for your perusal.
Thank you for your understanding during this difficult time. I hope that we can come to a new arrangement at your earliest convenience.
Download this hardship letter — free!
Formatted and ready to use with Microsoft Word, Google Docs, or any other word processor that can open the .DOC file format.
Index of Hardship Letter Examples