Debt forgiveness occurs when a company or person who you have a bill with decides that you no longer owe them the money. Only people with extenuating circumstances that would prohibit them from paying can successfully achieve debt forgiveness. Hardship caused by the repayment of a debt may also be taken into account by certain companies or organizations. No lender is required to forgive your debt for any reason.
If you've had medical problems that have been expensive or prevented you from working, then you can request debt forgiveness due to medical problems. You must show that your medical problems not only prevent you from paying the debt now, but that they will continue to impugn your ability to repay in the future. Get letters from your doctors, medical statements and medical bills to support your argument when requesting medical debt forgiveness.
If you've lost your job and have been out of work for a significant amount of time, you can request debt forgiveness due to unemployment. Show why you're out of work. Explain that other financial areas of your life have suffered, if they have. Get statements from mortgage lenders and other service providers that show you're not capable of meeting your obligations with your unemployment benefits. If you expect to get debt forgiveness based on unemployment, you will have to demonstrate an inability to another job that allows you to resume payments at a later date.
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If paying a bill creates a hardship for you and your family, then you can request debt forgiveness due to a hardship. Create a detailed listing of your income and then collect copies of all your bills. Show that you cannot pay for basic necessities like food, shelter and clothing while paying the debt you want forgiven. Show why you cannot to meet the debt and why the situation will not change. Increased medical bills or having to take care of an elderly parent or new child may create financial deficits that you weren't expecting, which can lead to a hardship-related forgiveness.