Things You'll Need:
- Computer
- Word Document software
- Printer
- Loan information
- Lender contact information
- Pen
- Paper
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Step 1
First download a sample hardship letter template online or create your own format using a word document program to use to write your hardship letter to stop foreclosure.
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Step 2
Next decide what type of request you need in your hardship letter to stop the foreclosure depending on your current financial situation.
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Step 3
Determine what terms whether a loan payment restructure, mortgage refinance, or a short sell are necessary to stop foreclosure, and what are the time constraints of your hardship.
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Step 4
Next locate your lender information to include at the top of your hardship letter. Write the contact name, company, address, and loan number for reference to facilitate your request to stop foreclosure.
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Step 5
Write a statement in your hardship letter explaining in detail your current financial situation and your inability to maintain the same payment schedule as well as an anticipated amount of time for your situation to change.
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Step 6
Next, write a request in your hardship letter stating your specific needs and that you are anxious to find a resolution to stop foreclosure on your home.
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Step 7
Next explain in your hardship letter if a resolution can be reached it would benefit both and write your goal is to continue payment to stop foreclosure and save your home for you and your family.
