Mississippi 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: Request for Extension of Time on Promissory Note [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Sender's Name] [Sender's Designation] [Sender's Address] [City, State, ZIP] Dear [Sender's Name], I hope this letter finds you well. I am writing to request an extension of time on the promissory note [Specify the promissory note details] that I signed on [Date]. Due to unforeseen circumstances and a temporary financial setback, I am unable to meet the original repayment deadline of [Original Repayment Deadline]. I would like to assure you that honoring my financial obligations is of the utmost importance to me. I fully understand the terms stipulated in the promissory note and accept full responsibility for fulfilling my commitment. However, I believe that a brief extension is necessary in order for me to make the repayment in a timely manner. [Describe the reasons for your request for extension in a clear and concise manner. Explain any financial difficulties, unexpected expenses, or any other circumstances that have affected your ability to meet the repayment deadline.] I kindly request an extension of [Number of Days/Months] to make the full payment. I am certain that this additional time will allow me to rectify the situation and fulfill my financial obligations in accordance with our agreed-upon terms. To reassure you of my sincerity, please find attached supporting documents which demonstrate the ongoing efforts I am making to improve my financial situation and repay the debt. Additionally, I am open to discussing any alternative arrangements, such as revised payment schedules or partial payments, in order to demonstrate my commitment and maintain a good relationship. [Include any additional information or supporting documents that may strengthen your case for an extension.] I am fully aware that this request is subject to your approval. I genuinely appreciate your understanding and consideration in this matter. Furthermore, I value our business relationship and assure you that I will prioritize the repayments as soon as the extension is granted. Should you require any further information or have any concerns regarding this request, please do not hesitate to contact me at the provided contact details. I am available to discuss this matter at your convenience. Thank you for your time and attention. I look forward to your favorable response. Yours sincerely, [Your Name]

Subject: Request for Extension of Time on Promissory Note [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Sender's Name] [Sender's Designation] [Sender's Address] [City, State, ZIP] Dear [Sender's Name], I hope this letter finds you well. I am writing to request an extension of time on the promissory note [Specify the promissory note details] that I signed on [Date]. Due to unforeseen circumstances and a temporary financial setback, I am unable to meet the original repayment deadline of [Original Repayment Deadline]. I would like to assure you that honoring my financial obligations is of the utmost importance to me. I fully understand the terms stipulated in the promissory note and accept full responsibility for fulfilling my commitment. However, I believe that a brief extension is necessary in order for me to make the repayment in a timely manner. [Describe the reasons for your request for extension in a clear and concise manner. Explain any financial difficulties, unexpected expenses, or any other circumstances that have affected your ability to meet the repayment deadline.] I kindly request an extension of [Number of Days/Months] to make the full payment. I am certain that this additional time will allow me to rectify the situation and fulfill my financial obligations in accordance with our agreed-upon terms. To reassure you of my sincerity, please find attached supporting documents which demonstrate the ongoing efforts I am making to improve my financial situation and repay the debt. Additionally, I am open to discussing any alternative arrangements, such as revised payment schedules or partial payments, in order to demonstrate my commitment and maintain a good relationship. [Include any additional information or supporting documents that may strengthen your case for an extension.] I am fully aware that this request is subject to your approval. I genuinely appreciate your understanding and consideration in this matter. Furthermore, I value our business relationship and assure you that I will prioritize the repayments as soon as the extension is granted. Should you require any further information or have any concerns regarding this request, please do not hesitate to contact me at the provided contact details. I am available to discuss this matter at your convenience. Thank you for your time and attention. I look forward to your favorable response. Yours sincerely, [Your Name]