Financial Hardship Letter

By | June 15, 2011

Jason Lee,

5698, Apple Valley,


June 10, 2011

Steven Garcia,


ABC Bank Inc,


Dear Mr. Steven,

Sub- Financial Hardship Letter

Ref- Reminder Letter Dated 05/30/2011

With reference to your reminder letter as above I with this letter would like to inform you about the reasons for the delay in payment of loan installment. I have been going through my tough time during this month and have been facing financial crunch from last fifteen days.

Due to sudden storm in the city I had to face huge business los in this month. I have lost about everything of my business. As a result I could not be able to pay this month loan installment to your bank. I hope you understand my helplessness. However, I have made insurance claim with the insurance company and I have also got the sanction letter from the company.

I hope that I would be able to rebuild my business again soon and will be able to pay your installment as soon as possible.

Thanking You,

Yours faithfully,

Jason Lee