Hardship letters can be a crucial part of your debt resolution.
These letters explain financial situations to credit card issuers, banks, or lenders and propose some way they can help you resume regular loan repayment. If struggling to resolve outstanding debts, consider writing a hardship letter. Suffering from an injury, losing a key source of income, or making an emergency payment can throw a wrench in your carefully thought-out budget. How to Write a Hardship Letter – The Ultimate Guideĭespite your best efforts, you might face obstacles that prevent you from fulfilling financial obligations and other promises.
