Maine Sample Letter for Request for Extension of Time on Promissory Note [Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, Zip Code] 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 you with utmost urgency and sincerity regarding the promissory note dated [date] for the principal amount of [amount]. The purpose of this letter is to formally request an extension of time to fulfill the obligations mentioned in the promissory note. Due to unforeseen circumstances and financial difficulties, it has become extremely challenging for me to make the required payments by the original deadline of [original due date]. This extension request is being made in an effort to ensure that I can meet my financial obligations in a timely manner and prevent any negative consequences for both parties involved. I want to assure you that I am fully committed to repaying the outstanding amount owed. However, the current financial situation necessitates an extension of [number of months] months to regain stability and fulfill my obligations towards the loan. I am confident that with this extension, I will be able to honor the agreement without any further delays or defaults. I understand that extending the repayment period may require certain modifications to the terms and conditions originally established. Furthermore, I would be more than willing to discuss and negotiate any necessary adjustments to ensure a mutually satisfactory agreement that accommodates both parties' interests. In support of this request, I have enclosed relevant financial documents demonstrating the hardships I am currently facing. These documents include [list of enclosed documents]. I believe these documents will give you a complete and accurate understanding of my current financial situation and the need for an extension. I am sincerely sorry for any inconvenience or difficulties caused by this request. However, I firmly believe that with your understanding and cooperation, we can find a solution that benefits both parties involved. I kindly ask for your favorable consideration of this extension request and would appreciate a written confirmation of your acceptance thereof. Thank you for taking the time to review my request. I am available for any further discussions or inquiries. Please do not hesitate to contact me at [phone number] or [email address]. I genuinely appreciate your attention to this matter and am hopeful for a positive resolution. Yours sincerely, [Your Full Name]