North Carolina Sample Letter for Agreement to Extend Debt Payment

• Category: Letters - Nonlegal - Agreements
• State: Multi-State
• Control #: US-0052LR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP Code] Subject: Agreement to Extend Debt Payment — [Account/Loan Number] Dear [Recipient's Name], I hope this letter finds you well. I am writing to formally request an extension on the debt payment associated with [Account/Loan Number]. Due to unforeseen financial circumstances, I am unable to fulfill the original payment schedule. I have been a responsible borrower and have always submitted my payments on time. However, a recent unfortunate event has left me in a temporary financial hardship, and I am unable to meet the current payment deadline. I am writing to propose a revised payment plan that will enable me to repay the outstanding debt in a manageable manner. I appreciate your understanding and willingness to work with me during this challenging period. Furthermore, I kindly request an extension of [timeframe] to complete the payment. By extending the deadline, I will be able to allocate the necessary funds to satisfy the debt while minimizing further financial strain. Please note that I am committed to repaying the entire outstanding balance in full. In an effort to demonstrate my sincerity and commitment to resolving this matter, I am enclosing a partial payment as a show of good faith. I will continue to make partial payments on a regular basis until the debt is fully settled. I understand that any extension granted is subject to your approval, and I am open to discussing any alternative arrangements you may suggest. Furthermore, I genuinely value our existing relationship and hope to maintain a positive credit standing. To reaffirm our agreement, please provide a written confirmation of the revised payment plan, detailing the extended timeframe, revised monthly installments, and any additional terms or conditions. This will ensure clarity for both parties involved. I kindly request that you carefully consider my request as I work diligently to overcome this temporary setback. I trust that you will support my effort to resolve this debt effectively. Thank you for your understanding and cooperation in this matter. I look forward to your prompt response and resolving this issue amicably. Should you require any additional information or documentation, please do not hesitate to contact me at [Your Phone Number] or via email at [Your Email Address]. Yours sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP Code] Subject: Agreement to Extend Debt Payment — [Account/Loan Number] Dear [Recipient's Name], I hope this letter finds you well. I am writing to formally request an extension on the debt payment associated with [Account/Loan Number]. Due to unforeseen financial circumstances, I am unable to fulfill the original payment schedule. I have been a responsible borrower and have always submitted my payments on time. However, a recent unfortunate event has left me in a temporary financial hardship, and I am unable to meet the current payment deadline. I am writing to propose a revised payment plan that will enable me to repay the outstanding debt in a manageable manner. I appreciate your understanding and willingness to work with me during this challenging period. Furthermore, I kindly request an extension of [timeframe] to complete the payment. By extending the deadline, I will be able to allocate the necessary funds to satisfy the debt while minimizing further financial strain. Please note that I am committed to repaying the entire outstanding balance in full. In an effort to demonstrate my sincerity and commitment to resolving this matter, I am enclosing a partial payment as a show of good faith. I will continue to make partial payments on a regular basis until the debt is fully settled. I understand that any extension granted is subject to your approval, and I am open to discussing any alternative arrangements you may suggest. Furthermore, I genuinely value our existing relationship and hope to maintain a positive credit standing. To reaffirm our agreement, please provide a written confirmation of the revised payment plan, detailing the extended timeframe, revised monthly installments, and any additional terms or conditions. This will ensure clarity for both parties involved. I kindly request that you carefully consider my request as I work diligently to overcome this temporary setback. I trust that you will support my effort to resolve this debt effectively. Thank you for your understanding and cooperation in this matter. I look forward to your prompt response and resolving this issue amicably. Should you require any additional information or documentation, please do not hesitate to contact me at [Your Phone Number] or via email at [Your Email Address]. Yours sincerely, [Your Name]