[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Designation] [Company Name] [Address] [City, State, ZIP] Subject: Request for Extension of Time on Promissory Note Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to request a time extension on the promissory note dated [original date] for the purpose of extending the repayment period. I am currently experiencing unforeseen circumstances and require additional time to fulfill my financial obligations. As per the terms and conditions of the promissory note, the original repayment period was set to expire on [original maturity date]. However, due to [explain the reason for the extension request — such as sudden job loss, unexpected medical expenses, or any other relevant circumstance], I am unable to meet the agreed-upon schedule. I sincerely apologize for any inconvenience caused by this request and assure you of my commitment to fulfill my obligation. I understand the importance of honoring my financial responsibilities and appreciate your consideration in granting me an extension. Furthermore, I kindly request an extension of [specify the requested extension period — e.g., 60 days] to complete the repayment in full. During this time, I will diligently work towards arranging the necessary funds to settle the outstanding balance. To demonstrate my genuine intent to repay, I am enclosing [if applicable, mention any partial payment made or proof of ongoing efforts to secure funds]. This signifies my dedication to fulfilling this debt as soon as possible, and I am ready to provide any additional information or supporting documents you may require. I genuinely appreciate your understanding, and I would like to assure you that I am committed to resolving this matter promptly. I kindly request your approval of this extension request by signing and returning the attached document, indicating your agreement to the revised repayment schedule. Thank you for your time and attention to this matter. Your cooperation will allow me to overcome these unexpected challenges and resume regular payments soon. Please feel free to contact me at [phone number] or [email address] for any further information or discussion. Yours sincerely, [Your Name] Enclosure: Promissory note extension agreement.
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.