Dear [Lender's Name], I am writing to you today regarding the promissory note [number or serial code] that I entered into with your esteemed institution on [date]. I deeply regret to inform you that due to unforeseen circumstances, I find myself in need of an extension of time to fulfill my financial obligations as outlined in the aforementioned agreement. Firstly, let me provide some context about myself. My name is [Your Name], residing at [Your Address], and I have been a resident of Franklin, Ohio for [number of years]. Despite my sincere intention to honor my financial commitments, I have encountered a temporary setback that has impacted my ability to meet the scheduled payments on time. The exact nature of this setback has resulted from [explain the specific reason for the delay — job loss, medical emergency, unexpected expenses, etc.]. This incident has caused a significant disruption in my financial stability and has made it challenging for me to maintain the previously agreed-upon payment schedule. I assure you that this extension request is not an attempt to avoid my obligations or evade the responsibilities outlined in the promissory note. On the contrary, it is my utmost desire to fulfill my financial commitments in their entirety. However, the circumstances I find myself in necessitate a brief extension of time to arrange for the required funds. I kindly request an extension of [proposed duration of extension] on the promissory note. This additional time will allow me to reestablish my financial stability and ensure that I can meet the repayment schedule without any further delays. I am currently working diligently on seeking alternate financial resources, exploring potential financial assistance programs, and actively pursuing employment opportunities to improve my situation. I understand that this request for an extension may inconvenience you to some extent. Therefore, in order to alleviate any concerns regarding my commitment towards resolving this matter, I am prepared to provide you with a detailed and revised payment plan that accommodates both your institution's expectations and my current financial limitations. To demonstrate my dedication in resolving this situation promptly, I am enclosing [any supporting documents that might strengthen your request, such as proof of job applications, medical bills, or emergency expenses]. These documents will provide you with a comprehensive understanding of the circumstances I find myself in. In conclusion, I sincerely apologize for any inconvenience my request may cause and assure you that this is an isolated incident. I wholeheartedly believe that with the extension of time, I will be able to meet my financial obligations and restore my commitment to the promissory note. I greatly appreciate your understanding and consideration and look forward to receiving a positive response from you. Thank you for your attention to this matter. Yours sincerely, [Your Name] [Your Contact Information]
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.