Mortgage Refinance Loan Letter

August 24, 2000

Ms. Annoniete Llanda
Account Supervisor
ABC Lending Corporation
Hagonoy, Bulacan

Dear Ms. Llanda:

I would like to inform you of my recent hardship. My company downsized and I was laid off and I have been out of work for almost one month.

Since I found a new job in Makati and now make Php25,000 less than per month than I did with my old job. Therefore, I can no longer continue making mortgage payments in the amount of Php15,000 per month.

I am searching for a way to get back on my feet. Is there another option to refinance mortgage that involved payments of no more than Php10,000.00 per month.

Attached herewith is our monthly expenses and the copies of financial documents to show that I am certainly experiencing financial hardship. All documents attached are true and accurate to the best of my knowledge.
I know and believe that my situation is temporary and soon I will be able to start making full payments again.
I hope for your consideration and understanding regarding this matter.
Sincerely,
(sign)
Ronald D. Manuel
Sta. Rosa Subdivision
Hagonoy, Bulacan