Subject: Request for Temporary Reduction of Loan Payment Amount — Miami-Dade County, Florida Dear [Creditor’s Name], I hope this letter finds you in good health and spirits. I am writing to discuss the current financial difficulties that I am facing and kindly request your understanding and cooperation in temporarily reducing the monthly payment amount on my loan. As a resident of Miami-Dade County, Florida, I have been severely impacted by the recent economic challenges our community is facing. The COVID-19 pandemic has had a substantial effect on my financial stability, making it increasingly difficult for me to meet my monthly obligations. I am experiencing [describe personal financial hardships or loss of income, such as reduced working hours, temporary layoff, or medical expenses]. Given the circumstances, I kindly request your support in temporary adjusting the terms of my loan to provide some relief during this challenging period. I am seeking a temporary reduction in my monthly payment amount, allowing me to manage my finances more efficiently until the situation stabilizes. This modification will enable me to prioritize essential expenses such as healthcare, housing, and other vital necessities, ensuring I remain a responsible borrower despite the unforeseen circumstances. I understand that any modification to the loan terms will result in extending the loan duration and possibly incurring additional interest. However, I assure you that this temporary reduction is necessary for me to maintain financial stability and continue making regular payments in the future. To assist you in evaluating my request, I have enclosed detailed documentation of my current financial situation, including my monthly income and expenses. These documents clearly demonstrate the challenges I am currently facing and support my request for temporary relief. I would greatly appreciate your prompt attention to this matter. If it's feasible, please inform me about the reduction amount you would be willing to offer and any additional terms or conditions associated with it. I am eager to discuss and finalize any necessary paperwork to formalize this temporary arrangement. I believe that by working together during these uncertain times, we can find a mutually beneficial solution that preserves our relationship as lender and borrower. Furthermore, I am committed to meeting my financial obligations and getting back on track as soon as my circumstances improve. Thank you for considering my request and for your attention to this matter. Please feel free to contact me at [your contact details] should you require any additional information. I eagerly await your response. Yours sincerely, [Your Name] [Your Address] [City, State, ZIP Code] [Contact Number] [Email Address]
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.Miami-Dade Florida Modelo de carta de solicitud al acreedor para la reducción temporal del monto del pago del préstamo - Sample Letter for Request to Creditor for Temporary Reduction of Loan Payment Amount
State:
Multi-State
County:
Miami-Dade
Control #:
US-0277LR
Format:
Word
Instant download
Description
Carta del deudor al acreedor solicitando una reducción temporal del monto del pago de un préstamo.
Subject: Request for Temporary Reduction of Loan Payment Amount — Miami-Dade County, Florida Dear [Creditor’s Name], I hope this letter finds you in good health and spirits. I am writing to discuss the current financial difficulties that I am facing and kindly request your understanding and cooperation in temporarily reducing the monthly payment amount on my loan. As a resident of Miami-Dade County, Florida, I have been severely impacted by the recent economic challenges our community is facing. The COVID-19 pandemic has had a substantial effect on my financial stability, making it increasingly difficult for me to meet my monthly obligations. I am experiencing [describe personal financial hardships or loss of income, such as reduced working hours, temporary layoff, or medical expenses]. Given the circumstances, I kindly request your support in temporary adjusting the terms of my loan to provide some relief during this challenging period. I am seeking a temporary reduction in my monthly payment amount, allowing me to manage my finances more efficiently until the situation stabilizes. This modification will enable me to prioritize essential expenses such as healthcare, housing, and other vital necessities, ensuring I remain a responsible borrower despite the unforeseen circumstances. I understand that any modification to the loan terms will result in extending the loan duration and possibly incurring additional interest. However, I assure you that this temporary reduction is necessary for me to maintain financial stability and continue making regular payments in the future. To assist you in evaluating my request, I have enclosed detailed documentation of my current financial situation, including my monthly income and expenses. These documents clearly demonstrate the challenges I am currently facing and support my request for temporary relief. I would greatly appreciate your prompt attention to this matter. If it's feasible, please inform me about the reduction amount you would be willing to offer and any additional terms or conditions associated with it. I am eager to discuss and finalize any necessary paperwork to formalize this temporary arrangement. I believe that by working together during these uncertain times, we can find a mutually beneficial solution that preserves our relationship as lender and borrower. Furthermore, I am committed to meeting my financial obligations and getting back on track as soon as my circumstances improve. Thank you for considering my request and for your attention to this matter. Please feel free to contact me at [your contact details] should you require any additional information. I eagerly await your response. Yours sincerely, [Your Name] [Your Address] [City, State, ZIP Code] [Contact Number] [Email Address]
