| So, you are about to sit down and write your | | | | separation, job transfer (and you can't sell your |
| Modification Hardship Letter. Does the task seem a | | | | house), medical expenses, or unemployment, these |
| little daunting? Where do you start? The Loan | | | | are all things you need to write about. |
| Modification Letter is the starting point that will get | | | | Okay, now you know what you are going to write, |
| you noticed. | | | | right? Well, you don't need to write a novel. Think |
| It's not going to be enough that you need to | | | | about it this way: These offices are inundated with |
| refinance because you have no equity left in your | | | | over 500,000 Modification Hardship Letters—do |
| house (almost everyone is in that boat.) You need to | | | | you think they want to read a book? Keep it at one |
| show that something happened during the recession | | | | or two pages, and bear in mind that an overworked |
| that made it impossible to pay. This could be anything | | | | $15 per hour employee with a ton to do will not have |
| within reason (your dog dying is not going to fly.) If | | | | the patience to sift through the important factors in |
| you experienced loss of income, divorce or | | | | your letter if it's too long. |