I am writing to propose a debt settlement agreement for my account with [Creditor’s Company]. My current financial hardship due to [reason] has left me unable to pay the full debt amount of [total amount]. To resolve this matter, I am proposing a lump sum payment of [settlement a...
Explanation: Due to unforeseen medical expenses, I faced a financial hardship that made it difficult for me to make timely payments. I have since recovered from this setback and have established a strict budget to ensure all future payments are made on time. 2. Collection Account: Account Numbe...
Example 1: Overcoming Job Loss A client of mine lost their job and struggled to keep up with loan payments. By writing a detailed letter explaining the situation and proposing new terms, they successfully restructured their loan, reducing their monthly payments and extending the repayment period. ...
Example: A woman dreamed that air was breathable while she was underwater. In waking life, she was experiencing financial problems due to being unemployed. In this case, the air being breathable under the water may have reflected her feelings of unexpected relief or the ease with which she wa...
Unemployment rose drastically, and in this time of great economic hardship many who had never voted before were drawn to the Nazi Party, which offered simplistic but appealing solutions to their problems and was not tied to one class or interest group. Consequently, they believed it could estab...
Peter predicted that “there shall come in the last days, scoffers,” explaining the motive for their skepticism as “walking after their own lusts.” Paul, in describing the ‘strong delusion’ gave as the motivation for their rejection of the truth the fact that they ‘had pleasure in unr...
Explaining Your Hardship 1 State your situation. In the next part of your letter, clearly mention which kind of hardship you are suffering from and how you got there. Financial hardship is defined for the purpose of loan modification as a decrease in income or increase in expenses that was ...
And during the NBC Nightly news, as Fred Francis was explaining (charitably, compared to everyone else) that it didn’t ALL happen on the Ashcroft watch, (although the truth is that none of it did) the screen went black and the audio cut off just as Francis began to pronounce the ...
I am writing to propose a debt settlement agreement for my account with [Creditor’s Company]. My current financial hardship due to [reason] has left me unable to pay the full debt amount of [total amount]. To resolve this matter, I am proposing a lump sum payment of [settlement amoun...