Hardship Letters and Loan Modification
The recent economic recession has made it difficult for many people to continue making payments on a variety of different financial obligations, including student loans and mortgages. In many cases, people cannot continue making payments because of recent unemployment or an unexpected expense. You need to know that you have options. You may be able to reduce your payments by writing a hardship letter.
Facing financial difficulty can be a very trying time in your life. You are not alone. At Joshua Spirn & Associates, our team of Boston bankruptcy lawyers will help you get out of debt so you can have a fresh financial start. To schedule a free consultation with an attorney, contact us today at 800-975-5346 and take control of your future.
Possible Situations for a Hardship Letter
There are a number of different situations where a hardship letter can help reduce your debt payments. Some of the most common are:
- Recent unemployment
- Disability or medical condition
- Death in the Family
- Divorce
- Required military service
- Medical bills
- Damaged property from a natural disaster
Creditors do not have to reduce loan payments or work with you, but writing a hardship letter can only help you in this situation. If you don’t know what to write in your letter, contact an attorney today.
Contact Us
To take control of your finances, contact the Boston bankruptcy lawyers of Joshua Spirn & Associates today at 800-975-5346 and discuss your legal options with a legal representative.
