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you would have to provide Prof of all debt bills that you are paying or not paying showing how much you owe bank account s shared or not savings a letter to explain how you got to this point and what you have try ed to remedy this or if it was a job loss death of a spouse accidents what happened you usually they would ask for information on a 401-k this information is not usually used unless you are planing to use it for repayment but you do not have to include it if you want to keep it for retirement they can not touch it never sign an agreement if it involves ira-s or 401-k talking with an a attorney first

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Q: What do you include in a financial situation letter?
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