I am now facing foreclosure after being unable to make the payments on my home. I have been unable to keep up with these monthly payments as a result of ______________________________ (hardship i.e. disability, job loss, illness etc.).
Due to my financial difficulties, which I do not expect to get better in the near future, I no longer am in the position to continue making the payments on my mortgage. When I financed my home, I did not intend for this to happen, but I have come to the conclusion that this is my last, and only, option at this time.
Your consideration and help with this matter is greatly appreciated.