Hardship Letter Due To Unemployment

I am writing to try to {consolidate my loan, avoid foreclosure, restructure a payment plan} for {my mortgage, my personal loan, car loan, etc.}.

I fell behind on my payments {or will fall behind} on {date}, due entirely to my protracted spell of unemployment. I was laid off because of {reason} on {date} and since that time my unemployment benefits have run out. I am currently without a source of income and my prospects have been grim.

I have spent the last {amount of time} searching for a new job, but nothing has worked out because {my field is in decline, my field is not currently growing, I have a disability, etc.} I have {amount of money} saved up that was supposed to help pay off this {loan, mortgage, etc.} However, this has proven to be impossible, because of {list of the other bills you have to pay, particularly if there is something emotional involved here, like sickness, death.}.

{If this is for a mortgage, specify whether you'd like to stay in your home, or whether the home is up for sale already. For any other loan, come up with some sort of plan for repayment, such as lower payments each month, a lower interest rate, etc., and suggest it here.}

I am hoping that we can work out some sort of solution as quickly as possible. Please contact me immediately so that we can begin this process.

Index of Hardship Letter Examples