This form is a sample letter in Word format covering the subject matter of the title of the form.
Subject: Request for Reinstatement of Loan: San Diego, California [Your Account/Loan Number] [Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Loan Servicing Company Name] [Loan Servicing Company Address] [City, State, Zip Code] Re: Reinstatement of Loan Account for Property in San Diego, California Dear Sir/Madam, I am writing to request the reinstatement of my loan account for the property located in San Diego, California. My loan account number is [Your Loan Account Number]. I regret to inform you that due to unforeseen circumstances, I fell into financial hardship and was unable to make the agreed-upon loan payments for the past [specific period of non-payment]. However, I am committed to resolving these issues and regaining financial stability, allowing me to resume making regular payments towards my loan. I would like to highlight the following key points regarding my request: 1. Explanation of Hardship: [Briefly explain the circumstances that led to your financial hardship, such as job loss, medical emergencies, or any other significant life event that impacted your ability to make payments consistently.] 2. Steps Taken for Recovery: [Mention any proactive measures you have taken to improve your financial situation, such as finding new employment, cutting expenses, or obtaining additional sources of income.] 3. Ability to Repay: [Provide evidence or explanation that demonstrates your current ability to resume regular loan payments. You may include details about your steady income, liquid assets, or any positive changes in your financial situation.] 4. Requested Loan Reinstatement Plan: [If you have a specific repayment plan in mind, outline it here. You may propose spreading the defaulted payments over the remaining loan term or suggest an alternative arrangement that aligns with your financial capacity.] 5. Commitment to Timely Payments: [Reiterate your commitment to making future payments promptly as per the agreed-upon terms of the loan. Emphasize that you understand the importance of a positive payment history and intend to uphold it.] I kindly request that you consider reinstating my loan to enable me to fulfill my financial obligations responsibly. I understand that the decision lies with your institution, and I am open to discussing any terms or conditions you suggest ensuring a mutually beneficial agreement. Enclosed with this letter, please find relevant supporting documentation including financial statements, pay stubs, bank statements, or any other records you may require for your review. I would appreciate your prompt attention to this matter. Please contact me at [Your Phone Number] or [Your Email Address] if you require any further information or if there are any additional documents you need to process my reinstatement request promptly. Thank you for considering my request for the reinstatement of my loan account. I look forward to a positive response and the opportunity to restore my financial standing. Yours sincerely, [Your Name] [Your Loan Account Number]
Subject: Request for Reinstatement of Loan: San Diego, California [Your Account/Loan Number] [Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Loan Servicing Company Name] [Loan Servicing Company Address] [City, State, Zip Code] Re: Reinstatement of Loan Account for Property in San Diego, California Dear Sir/Madam, I am writing to request the reinstatement of my loan account for the property located in San Diego, California. My loan account number is [Your Loan Account Number]. I regret to inform you that due to unforeseen circumstances, I fell into financial hardship and was unable to make the agreed-upon loan payments for the past [specific period of non-payment]. However, I am committed to resolving these issues and regaining financial stability, allowing me to resume making regular payments towards my loan. I would like to highlight the following key points regarding my request: 1. Explanation of Hardship: [Briefly explain the circumstances that led to your financial hardship, such as job loss, medical emergencies, or any other significant life event that impacted your ability to make payments consistently.] 2. Steps Taken for Recovery: [Mention any proactive measures you have taken to improve your financial situation, such as finding new employment, cutting expenses, or obtaining additional sources of income.] 3. Ability to Repay: [Provide evidence or explanation that demonstrates your current ability to resume regular loan payments. You may include details about your steady income, liquid assets, or any positive changes in your financial situation.] 4. Requested Loan Reinstatement Plan: [If you have a specific repayment plan in mind, outline it here. You may propose spreading the defaulted payments over the remaining loan term or suggest an alternative arrangement that aligns with your financial capacity.] 5. Commitment to Timely Payments: [Reiterate your commitment to making future payments promptly as per the agreed-upon terms of the loan. Emphasize that you understand the importance of a positive payment history and intend to uphold it.] I kindly request that you consider reinstating my loan to enable me to fulfill my financial obligations responsibly. I understand that the decision lies with your institution, and I am open to discussing any terms or conditions you suggest ensuring a mutually beneficial agreement. Enclosed with this letter, please find relevant supporting documentation including financial statements, pay stubs, bank statements, or any other records you may require for your review. I would appreciate your prompt attention to this matter. Please contact me at [Your Phone Number] or [Your Email Address] if you require any further information or if there are any additional documents you need to process my reinstatement request promptly. Thank you for considering my request for the reinstatement of my loan account. I look forward to a positive response and the opportunity to restore my financial standing. Yours sincerely, [Your Name] [Your Loan Account Number]