The Financial Hardship Application (“Application”) is a request for an agreement between a business or individual and the Chicago Department of Finance (the “Department”) that resolves the business’ or individual’s tax liability to the City of Chicago. Under section 3-4-153 of the Municipal Code of Chicago, the Comptroller, with the approval of the Department of Law, has the authority to abate any tax liabilities that have been assessed when the Comptroller determines there is uncertainty as to the collectability of the assessment within a reasonable period of time. The Comptroller’s decision will be made after a review of the recommendations presented by the Financial Hardship Committee (the “Committee”). It is expected the Committee will make its recommendation to the Comptroller within 45 days of its receipt of a completed Application and all supporting documents, and the Comptroller’s decision will be made within 30 days of the Comptroller’s receipt of the Committee’s recommendation.