Subject: Extending Debt Payment Agreement — Dallas, Texas Dear [Creditor's Name], I am writing to discuss and request the extension of my debt payment plan with your esteemed organization. Being a resident of Dallas, Texas, I understand the importance of fulfilling my financial obligations, and I am committed to settling my debts on time. However, due to unforeseen circumstances, I find myself temporarily unable to meet the scheduled deadlines. In the dynamic economy of Dallas, Texas, it is essential for individuals like me to promptly address financial matters to maintain stability and cultivate positive relationships with creditors. Recognizing this, I would like to propose an extension of the existing debt payment plan, to provide a reasonable timeframe for repayment. I fully acknowledge my responsibility for the outstanding balance and assure you that I am committed to fulfilling my obligation. By discussing a new arrangement, I hope to alleviate any concerns you may have regarding my repayment capability and work towards finding a mutually beneficial solution. To facilitate this, I would appreciate your understanding and cooperation in extending the payment plan by [proposed duration]. This extension would allow me the necessary breathing space to overcome the current financial difficulties, while ensuring a consistent and gradual reduction of my debt burden. Furthermore, I would like to propose some modifications to the repayment terms to better align them with my current financial situation. These amendments could include a reduced monthly payment amount, a change in the interest rate, or an extended repayment duration. I am open to discussing these alternatives with you and finding a suitable arrangement that accommodates both parties. Rest assured, my goal is to honor my commitment and settle the debt in its entirety. By extending the payment plan, I aim to rebuild my financial stability and gradually improve my creditworthiness. I kindly request your favorable consideration of my proposal, as it would provide me with the necessary support to regain control over my financial situation. I am ready to discuss the details further and make any necessary arrangements to extend the payment plan. Thank you for your understanding and patience during this challenging time for me. I look forward to your positive response and working together to reach a mutually agreeable solution. Sincerely, [Your Name] [Your Address] [City, State, ZIP] [Phone Number] [Email Address] Keywords: Dallas, Texas; extend debt payment agreement, outstanding balance, repayment plan, financial difficulties, financial stability, creditworthiness, repayment terms, new arrangement, modified terms, creditors, positive response.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.