Communicate When You Are In Financial Trouble?

Answer 1

When the budget is stretched too tight to cover rent, stress can often overwhelm thinking processes. If this happens, try not to let the stress take over. There are several different solutions. The first plan of action should be to write a rent payment letter.

A rent payment letter should be addressed to the manager or landlord collecting the rent. It should concisely and politely explain the nature of the financial circumstances prohibiting payment of rent that month. If possible, promise to pay a portion of it as soon as possible, then the rest during the following month's rent payment. Landlords may not like to receive these letters, but in a society where thousands of homes and apartments are vacant because people can't afford them, they have to accept it.

Writing a rent payment letter may seem embarrassing, but keep in mind this happens to nearly everyone at some point. Although managers will not be happy, they would rather see tenants submit letters of intention instead of not paying and not communicating. When intention to pay is communicated, there is much less chance of eviction.