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Indiana Sample Letter for Request for Extension of Time on Promissory Note

State:
Multi-State
Control #:
US-0395LR
Format:
Word; 
Rich Text
Instant download

Description

Sample Letter for Request for Extension of Time on Promissory Note Dear [Lender's Name], I am writing to formally request an extension of time regarding the promissory note dated [promissory note date]. I apologize for any inconvenience caused and appreciate your understanding and consideration in granting my request. I am currently residing in Indiana and have encountered unforeseen circumstances that have led to temporary financial difficulties. As a result, I am unable to make the payment by the original due date. However, I assure you that I am fully committed to fulfilling my obligations under the promissory note. In order to rectify the situation and honor my commitment, I kindly request an extension of [state the desired length of the extension, for example, 30 days]. This additional time will allow me to address the temporary financial setback and arrange for the necessary funds to make the payment in full. I am confident that the extension will provide me with the opportunity to resolve the situation promptly. I assure you that I am actively working towards improving my financial stability and ensuring that the payment will be made without any further delays. To further support my request, I have attached any relevant documentation that substantiates the unexpected circumstances leading to financial hardship. This includes [list any supporting documents, such as medical bills, loss of employment verification, etc.]. I genuinely value our business relationship and have always maintained a good credit history. I understand that this extension is solely at your discretion, and I sincerely hope that you can grant me this request. Taking into account my past record of timely payments, I am confident that I will successfully resolve this matter within the granted extension. Please consider my request, and I kindly request a written response indicating your decision regarding my extension request. You may reach me at [provide your contact information] to discuss any concerns or additional information you may require. Thank you for your understanding and prompt attention to this matter. I look forward to promptly resolving this issue and continuing our positive business relationship. Yours sincerely, [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number]

Dear [Lender's Name], I am writing to formally request an extension of time regarding the promissory note dated [promissory note date]. I apologize for any inconvenience caused and appreciate your understanding and consideration in granting my request. I am currently residing in Indiana and have encountered unforeseen circumstances that have led to temporary financial difficulties. As a result, I am unable to make the payment by the original due date. However, I assure you that I am fully committed to fulfilling my obligations under the promissory note. In order to rectify the situation and honor my commitment, I kindly request an extension of [state the desired length of the extension, for example, 30 days]. This additional time will allow me to address the temporary financial setback and arrange for the necessary funds to make the payment in full. I am confident that the extension will provide me with the opportunity to resolve the situation promptly. I assure you that I am actively working towards improving my financial stability and ensuring that the payment will be made without any further delays. To further support my request, I have attached any relevant documentation that substantiates the unexpected circumstances leading to financial hardship. This includes [list any supporting documents, such as medical bills, loss of employment verification, etc.]. I genuinely value our business relationship and have always maintained a good credit history. I understand that this extension is solely at your discretion, and I sincerely hope that you can grant me this request. Taking into account my past record of timely payments, I am confident that I will successfully resolve this matter within the granted extension. Please consider my request, and I kindly request a written response indicating your decision regarding my extension request. You may reach me at [provide your contact information] to discuss any concerns or additional information you may require. Thank you for your understanding and prompt attention to this matter. I look forward to promptly resolving this issue and continuing our positive business relationship. Yours sincerely, [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number]

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Indiana Sample Letter for Request for Extension of Time on Promissory Note