Extreme Hardship Letter

{Name}
{Address}
{Phone #}

{Date}

Dear {creditor}:

I am deeply embarrassed to be writing this letter, but I need to be frank and inform you that there is no way I will ever be able to repay my debt. I am not using hyperbole. I literally have {amount} to my name and I need every last cent to deal with {situation}.

As you can see, I am facing an extreme hardship. This debt is the least of my worries.

I regret that my hardship will impact your bottom line, but it is unavoidable and there is no foreseeable recourse. I just wanted to let you know so that you can write off the amount, send me to collections, or take whatever other action that your accounting procedures require. I owe {amount} and my account number is {number}.

Sincerely,

{Sender Name}

Index of Hardship Letter Examples