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

• Category: Letters - Nonlegal - Requests
• State: Multi-State
• Control #: US-0395LR
• Format: Word; Rich Text

Description

Sample Letter for Request for Extension of Time on Promissory Note Subject: Official Request for Extension of Time on Promissory Note — Missouri Sample Letter Dear [Lender's Name], I hope this letter finds you well. I am writing to formally request an extension of time on the promissory note dated [date] for the loan of [amount], originally due on [original due date]. Due to unforeseen circumstances, I am unable to fulfill the payment obligations within the agreed-upon timeframe. I would like to bring to your attention the current financial challenges I am facing, which have significantly impacted my ability to make timely payments. [Explain in detail the reasons for the extension request, such as job loss, medical expenses, or any other relevant circumstances affecting your financial stability]. These circumstances have made it extremely difficult for me to meet my financial obligations, and as a result, I am seeking your understanding and cooperation. I assure you that this extension request is not intended to avoid or delay the repayment of the loan, but rather to request a reasonable extension of time to enable me to regain financial stability and fulfill my commitment in a satisfactory manner. With your support, I am confident that I will be able to meet the obligations stated in the promissory note. Additionally, I would like to apologize for any inconvenience caused by this request. I understand that it may disrupt your financial plans as well, and I truly appreciate your understanding and willingness to consider my situation. To address the extension request, I propose [suggested new due date] as a mutually agreed-upon timeline for the repayment. This additional time will allow me to overcome the present difficulties and ensure that the repayment is made promptly and in full. Please find attached any supporting documents, such as bank statements, medical bills, or any other pertinent information that further illustrates my financial situation. Kindly review these documents to gain a comprehensive understanding of my current circumstances. I am confident that we can reach a mutually beneficial agreement through this extension request, thus ensuring the fulfillment of my commitment in an honorable manner. I am committed to taking all the necessary steps to rectify my financial situation and avoid any potential default on the promissory note. Thank you for considering my extension request. I sincerely appreciate your attention to this matter and your support during this challenging time. I kindly request a prompt response to my request letter. Should you require any further information or documentation to facilitate the extension process, please do not hesitate to contact me at [your contact information]. Once again, thank you for your understanding, professionalism, and cooperation. Yours faithfully, [Your Full Name] [Your Contact Information]

Subject: Official Request for Extension of Time on Promissory Note — Missouri Sample Letter Dear [Lender's Name], I hope this letter finds you well. I am writing to formally request an extension of time on the promissory note dated [date] for the loan of [amount], originally due on [original due date]. Due to unforeseen circumstances, I am unable to fulfill the payment obligations within the agreed-upon timeframe. I would like to bring to your attention the current financial challenges I am facing, which have significantly impacted my ability to make timely payments. [Explain in detail the reasons for the extension request, such as job loss, medical expenses, or any other relevant circumstances affecting your financial stability]. These circumstances have made it extremely difficult for me to meet my financial obligations, and as a result, I am seeking your understanding and cooperation. I assure you that this extension request is not intended to avoid or delay the repayment of the loan, but rather to request a reasonable extension of time to enable me to regain financial stability and fulfill my commitment in a satisfactory manner. With your support, I am confident that I will be able to meet the obligations stated in the promissory note. Additionally, I would like to apologize for any inconvenience caused by this request. I understand that it may disrupt your financial plans as well, and I truly appreciate your understanding and willingness to consider my situation. To address the extension request, I propose [suggested new due date] as a mutually agreed-upon timeline for the repayment. This additional time will allow me to overcome the present difficulties and ensure that the repayment is made promptly and in full. Please find attached any supporting documents, such as bank statements, medical bills, or any other pertinent information that further illustrates my financial situation. Kindly review these documents to gain a comprehensive understanding of my current circumstances. I am confident that we can reach a mutually beneficial agreement through this extension request, thus ensuring the fulfillment of my commitment in an honorable manner. I am committed to taking all the necessary steps to rectify my financial situation and avoid any potential default on the promissory note. Thank you for considering my extension request. I sincerely appreciate your attention to this matter and your support during this challenging time. I kindly request a prompt response to my request letter. Should you require any further information or documentation to facilitate the extension process, please do not hesitate to contact me at [your contact information]. Once again, thank you for your understanding, professionalism, and cooperation. Yours faithfully, [Your Full Name] [Your Contact Information]