A hardship letter can help you qualify for loan reinstatement, forbearance, repayment plan, modification, a short sale, or a deed in lieu of foreclosure. Mortgage relief for financial hardships is ...

If you have a 401(k) account through your employer, one option you may have available is taking out a 401(k) hardship loan or using a 401(k) hardship withdrawal to help fund some of those expenses.

This includes if you need money to pay for emergency expenses by claiming a hardship withdrawal. "You must not qualify for personal loans or low-interest borrowing," said Gates. "Some employers ...

a hardship withdrawal may be necessary. But first make sure you've thoroughly considered all possibilities. “Try exploring other options, such as loan modification or refinancing, before tapping ...