Hardship letters are always effective documents that you can present to your bank in cases of financial instabilities. Here is an example of a hardship letter for Countrywide.
August 24, 2009
Name: B Reddy
Address: 57 York St, Miami, FL
Contact no: 123-4568
To Whom It May Concern:
I am humbly submitting this letter as an explanation for my financial hardship and credit situation.
I have been employed for 10 years as a supervisor in a department store and through those years, I have not incurred huge debts with your bank. Based on my credit reports, I have always paid on time and have maintained a clean record.
Unfortunately, I was laid off with my job two months ago and since then I have been struggling with my finances. I would be glad if you could offer me a workout option for my loan in your bank.