Dear [Creditor's Name], I hope this letter finds you well. I am writing to discuss the possibility of extending the debt payment agreement for the outstanding balance on my account. It has come to my attention that due to unforeseen circumstances, I am facing financial difficulties temporarily which have made it difficult for me to meet the current payment schedule. California Sample Letter for Agreement to Extend Debt Payment: [Type 1: Friendly Tone] Dear [Creditor's Name], I hope this letter finds you in good health. I am writing to discuss the possibility of extending the debt payment agreement for the outstanding balance on my account. The recent economic downturn has affected my financial stability, making it difficult for me to follow the original payment schedule. I believe that with a temporary extension, I will be able to honor the commitment and settle my debt responsibly. [Type 2: Professional Tone] Subject: Request for an Extension to Debt Payment Agreement Dear [Creditor's Name], I trust this letter finds you well. I am writing to formally request an extension to the debt payment agreement for the outstanding balance on my account, as agreed upon [mention previous agreement details such as the date]. Due to unexpected financial challenges, I have been facing difficulties in meeting the financial obligations specified in the initial agreement. [Type 3: Assertive Tone] Date: [Enter Date] Dear [Creditor's Name], I write to you today to address the issue of the debt payment agreement currently in place for my account with your company. Due to an unforeseen circumstance, I have encountered significant financial hardship, rendering me unable to fulfill the existing payment plan. With this letter, I am proposing an extension to the agreed-upon debt payment schedule, which will provide me with a reasonable opportunity to overcome my current financial setback and fulfill my obligations. In order to rectify this situation, I am kindly requesting that you consider granting me an extension by [state the proposed duration, e.g., 60 days]. This extra time will enable me to stabilize my financial situation, generate the necessary funds, and rectify my debt in full accordance with our agreement. I assure you that I am fully committed to resolving this matter as promptly as possible and in good faith. I recognize the importance of fulfilling my financial obligations and appreciate your understanding and assistance during this challenging time. Please respond in writing regarding your decision upon receiving this letter. I'm hopeful that you will consider my request and work with me to find a suitable resolution that benefits both parties. Thank you for your attention to this matter. I look forward to hearing from you soon. Sincerely, [Your Name] [Account Number] Keywords: California, sample letter, agreement, extend, debt payment, creditor, outstanding balance, financial difficulties, temporary extension, settlement, financial stability, economic downturn, unforeseen circumstances, account, request, formal, financial obligations, assertive tone, rectify, financial situation, good faith, suitable resolution.
California Sample Letter for Agreement to Extend Debt Payment
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How to fill out California Sample Letter For Agreement To Extend Debt Payment?
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