A letter of explanation for a mortgage is a document ... or potentially a past bankruptcy or foreclosure, you’ll need to discuss any extenuating circumstances and steps you’ve taken to solve ...

"You want to do what you can to take the sting out of the bankruptcy." One way to do this is to draft a letter of explanation, presenting your unique circumstances. "Relate the simple facts of the ...

As a part of your mortgage application, you’ll need to submit a letter of explanation, walking your lender through the situation leading up to your bankruptcy filing and how you’ve remedied it.