Connecticut Sample Letter to Foreclosure Attorney - Payment Dispute

• Category: Letters - Legal - Foreclosures
• State: Multi-State
• Control #: US-0511LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Attorney’s Name] [Law Firm] [Address] [City, State, ZIP] Re: Payment Dispute Regarding Foreclosure Case [Case Number] Dear [Attorney’s Name], I hope this letter finds you well. I am writing to discuss a payment dispute concerning my foreclosure case [Case Number] and seek your assistance in resolving the matter amicably. I am genuinely concerned about the payment arrangement that was agreed upon with [Bank/Lender] as part of the foreclosure case proceedings. Unfortunately, I have been facing several financial difficulties due to a sudden job loss and unexpected medical bills. Despite my best efforts to manage my financial obligations, I have found it increasingly challenging to keep up with the agreed-upon payment plan. I understand the importance of meeting my financial responsibilities, and I am committed to fulfilling my obligations. Therefore, I kindly request your intervention to explore potential alternatives to the current payment arrangement. I believe that a fair resolution can be achieved that aligns with my financial situation without compromising the interests of all parties involved. In light of the situation, I propose the following alternatives for consideration: 1. Loan Modification: I kindly request your assistance in exploring the possibility of modifying the terms of my mortgage loan. This could potentially involve extending the loan term, reducing the interest rate, or exploring other feasible alternatives. I believe that a modification of my loan would enable me to meet my financial obligations and prevent foreclosure. 2. Forbearance Agreement: Another option to consider is a temporary forbearance agreement, wherein the foreclosure proceedings are temporarily postponed or paused while I work towards stabilizing my financial situation. This would grant me some breathing room to secure alternative income sources or resolve any temporary financial setbacks. 3. Repayment Plan Adjustment: If modifying the loan or a forbearance agreement is not feasible, I kindly request your assistance in renegotiating the terms of the current repayment plan. This could involve spreading the missed payments over a longer period or adjusting the monthly payment amount to better align with my current financial capabilities. I wholeheartedly believe that an amicable resolution can be reached, avoiding the foreclosure process altogether. I am committed to finding a fair and mutually beneficial solution, as I am eager to keep my home and maintain a positive relationship with the lender. Furthermore, I kindly request a prompt response to discuss these alternative solutions and determining the best course of action to resolve this payment dispute. Furthermore, I am confident that with your expertise and guidance, we can reach a reasonable agreement that benefits all parties involved. Thank you for your attention to this matter. I look forward to receiving your response and the opportunity to discuss possible solutions further. Sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Attorney’s Name] [Law Firm] [Address] [City, State, ZIP] Re: Payment Dispute Regarding Foreclosure Case [Case Number] Dear [Attorney’s Name], I hope this letter finds you well. I am writing to discuss a payment dispute concerning my foreclosure case [Case Number] and seek your assistance in resolving the matter amicably. I am genuinely concerned about the payment arrangement that was agreed upon with [Bank/Lender] as part of the foreclosure case proceedings. Unfortunately, I have been facing several financial difficulties due to a sudden job loss and unexpected medical bills. Despite my best efforts to manage my financial obligations, I have found it increasingly challenging to keep up with the agreed-upon payment plan. I understand the importance of meeting my financial responsibilities, and I am committed to fulfilling my obligations. Therefore, I kindly request your intervention to explore potential alternatives to the current payment arrangement. I believe that a fair resolution can be achieved that aligns with my financial situation without compromising the interests of all parties involved. In light of the situation, I propose the following alternatives for consideration: 1. Loan Modification: I kindly request your assistance in exploring the possibility of modifying the terms of my mortgage loan. This could potentially involve extending the loan term, reducing the interest rate, or exploring other feasible alternatives. I believe that a modification of my loan would enable me to meet my financial obligations and prevent foreclosure. 2. Forbearance Agreement: Another option to consider is a temporary forbearance agreement, wherein the foreclosure proceedings are temporarily postponed or paused while I work towards stabilizing my financial situation. This would grant me some breathing room to secure alternative income sources or resolve any temporary financial setbacks. 3. Repayment Plan Adjustment: If modifying the loan or a forbearance agreement is not feasible, I kindly request your assistance in renegotiating the terms of the current repayment plan. This could involve spreading the missed payments over a longer period or adjusting the monthly payment amount to better align with my current financial capabilities. I wholeheartedly believe that an amicable resolution can be reached, avoiding the foreclosure process altogether. I am committed to finding a fair and mutually beneficial solution, as I am eager to keep my home and maintain a positive relationship with the lender. Furthermore, I kindly request a prompt response to discuss these alternative solutions and determining the best course of action to resolve this payment dispute. Furthermore, I am confident that with your expertise and guidance, we can reach a reasonable agreement that benefits all parties involved. Thank you for your attention to this matter. I look forward to receiving your response and the opportunity to discuss possible solutions further. Sincerely, [Your Name]