Debtor Hardship Letter {7}

VTB MM Form # 7 12/16/11 [Borrower's Name] [Borrower's Address] [Lender's Name] [Lender's Address] Re: [Loan Number] [Today's Date] To Whom It May Concern: I am writing this letter to explain the circumstances that have caused me to become delinquent on my mortgage payments. I would like you to consider restructuring my loan so that I will be able to keep my home. The reasons I have fallen behind in my mortgage payments include the following (checking all that apply): [ ] Loss of job by [ ] myself or [ ] my spouse or partner as of ___[date]____ (specify status of current employment and projected date of re-employment or replacement income) [ ] Other loss of income: ___________ (specify nature and amount of income, date it stopped and why) [ ] Illness or disability of [ ] myself or [ ] my spouse / partner or [ ] child or other family member (specify name of person, relationship to debtor, date of illness or disability and impact on income) [ ] Death of a spouse, partner or other family member (name and relationship):________________ (specify name of decedent, relationship to debtor, date of death and impact on income) [ ] Emergency expenses/ repairs in connection with our home: __________________ (specify nature of repairs made, costs, and any additional repairs projected for next three months relationship to debtor, date of death and impact on income) [ ] Emergency vehicle expenses or repairs: ________________ (specify nature, date and cost of repairs) American LegalNet, Inc. www.FormsWorkFlow.com [ ] Divorce or separation (specify date of divorce or separation, and impact on income) [ ] Other reason: ______________________ (specify circumstances, impact on ability to pay mortgage, and projected date for resuming payments) Additional information pertinent to my mortgage payments and/or my failure to make mortgage payments in the past: Because of the above facts, at this time I cannot afford to pay the amount of past due payments on my mortgage loan. However, my situation has improved and I am now able to make mortgage payments going forward because (describe change in circumstances, amount of monthly mortgage payment the Debtor can now afford to make, and source of those payments): ______________________________________________________________________________ _____________________________________________________________________________. I request that you restructure my mortgage loan such that I will be able to become current, afford the monthly payment going forward, and keep my house. I have a filed a bankruptcy case (ch ___ # ____) and attorney [name of attorney] is representing me in that case. My attorney and I believe that restructuring my mortgage loan is more feasible now that I am in a bankruptcy case. You can reach my attorney to discuss this at [attorney's contact info]. Sincerely, [Borrower's signature] [with name printed below] [cc: Debtor's attorney] American LegalNet, Inc. www.FormsWorkFlow.com