This letter is an example of a Hardship Letter and includes all of the elements of a perfect Hardship Letter for you to use. This sample Hardship Letter can be used as a template for your needs.
Dear Sir or Madam,
Recently my husband was laid off due to a sustained work injury onsite as a construction worker. He had been employed with Jones Construction for over 15 years when a scaffolding bar fell on him, causing severe damage to his back. He has not been able to work since April 2, 2010. Since then, we’ve been collecting disability insurance totaling $2200 per month.
I work as a bookkeeper at Factory Office Supply. My take-home pay is $1,200 per month. Between the two of us, we haven’t been able to keep up recently with all of our household living expenses.
We have vacated the house and temporarily are living with my parents until we can get back on our feet again.
I have taken the liberty of contacting a real estate agent who has found a buyer for our home. The buyer has offered $150,000 for the property (at current market value) but this will not be enough for us to pay off both our first and second mortgages. The buyer is eager to purchase and has a pre-approved line of credit.
I’m requesting that both first and second lenders agree to a short sale and accordingly, to short pay offs for both loans.
I authorize you to speak directly with my real estate agent, Joan Barkley, as well as my escrow officer Pete Dillings at Dillings Financial. I am enclosing an Explanation of Hardship Form as well as a Borrower’s Financial Statement for your consideration.
Thank you for your time and prompt attention in this matter.