[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 formally request an extension of time on the promissory note dated [date] regarding the loan agreement between us. Due to unexpected circumstances, I am unable to meet the previously agreed-upon deadline for repayment. I apologize sincerely for this delay and assure you that I am working diligently to secure the necessary funds to fulfill my financial obligations. However, I kindly request an extension of [number of days/weeks] to provide me with additional time to arrange the required payment or explore alternative solutions. I understand that this extension may inconvenience you, and I genuinely regret any inconvenience I may have caused. I want to assure you that I am committed to honoring my obligations and will make every effort to settle the outstanding balance as soon as possible. In light of the current situation, I would be grateful if you could grant me this extension without imposing any additional interest or penalty charges. You're understanding and consideration in this matter are of utmost importance to me. Please find attached any supporting documentation that may assist you in evaluating my request. If you need any further information or require clarification, please do not hesitate to contact me at your convenience. I am available via phone or email at the details mentioned above. Thank you for your attention to this matter. I sincerely appreciate your understanding and cooperation. I trust that you will acknowledge my request and provide the extension I need to resolve this matter amicably. Furthermore, I look forward to your prompt response and hope for a positive resolution. Yours sincerely, [Your Name]
Nebraska Sample Letter for Request for Extension of Time on Promissory Note
Description
How to fill out Nebraska Sample Letter For Request For Extension Of Time On Promissory Note?
You can invest time on the web searching for the legitimate papers design that meets the state and federal needs you will need. US Legal Forms offers 1000s of legitimate types that are reviewed by pros. It is simple to acquire or produce the Nebraska Sample Letter for Request for Extension of Time on Promissory Note from my service.
If you have a US Legal Forms bank account, you may log in and then click the Obtain option. Afterward, you may comprehensive, change, produce, or signal the Nebraska Sample Letter for Request for Extension of Time on Promissory Note. Each and every legitimate papers design you purchase is your own forever. To have one more version for any obtained form, go to the My Forms tab and then click the related option.
If you use the US Legal Forms website the very first time, keep to the simple directions beneath:
- Very first, make sure that you have chosen the proper papers design to the state/city of your choice. Browse the form explanation to make sure you have chosen the right form. If accessible, make use of the Preview option to check throughout the papers design too.
- If you wish to locate one more model from the form, make use of the Lookup field to find the design that meets your requirements and needs.
- When you have identified the design you need, simply click Get now to carry on.
- Find the rates prepare you need, key in your qualifications, and sign up for your account on US Legal Forms.
- Complete the purchase. You should use your bank card or PayPal bank account to cover the legitimate form.
- Find the format from the papers and acquire it in your product.
- Make alterations in your papers if possible. You can comprehensive, change and signal and produce Nebraska Sample Letter for Request for Extension of Time on Promissory Note.
Obtain and produce 1000s of papers web templates making use of the US Legal Forms website, which offers the greatest collection of legitimate types. Use specialist and state-certain web templates to take on your business or individual needs.
Form popularity
FAQ
My next specify payment will be due on , 20 . Due to an unexpected emergency that has occurred, I will be unable to make this payment by the date I am requesting an extension of time to make this payment.
A simple promissory note might be for a lump sum repayment on a certain date. For example, you lend your friend $1,000 and he agrees to repay you by December 1. The full amount is due on that date, and there is no payment schedule involved.
The financial condition of my family has become quite uncertain and unstable. As a result of this, I have not been able to pay my school fee for the month of May and June, 2019. Kindly give my family a time period of two weeks. I shall be able to pay the fee by July 2, 2019.
How to write a leave extension letterCheck your company's leave extension rules.Include date, name and address.Add the name and address of the recipient.Add a subject line.Add a salutation.Refer to your original leave status.Explain the reason for the extension.Specify the duration of the extension.More items...?
A banknote is frequently referred to as a promissory note, as it is made by a bank and payable to bearer on demand. Mortgage notes are another prominent example. If the promissory note is unconditional and readily saleable, it is called a negotiable instrument.
To collect on a demand promissory note, you will need to send a demand for payment letter to the lender. This lets the lender know that you want the loan paid back now and that the repayment period is ending. This demand letter should include the following: The date of the letter.
(Cordially describe your greetings). We will try our best to make the payment on time and apologize for the inconvenience caused to you. I ask you to consider my request for postponement of the last day for the advance payment of the money promised according to the deal signed between us and your company (date).
A promissory note is a legal and a financial instrument that is written between three financing parties: the maker, the lender, and the payee/the borrower.
How to Write a Promissory NoteDate.Name of the lender and borrower.Loan amount.Whether the loan is secured or unsecured. If it's secured with collateral: What is the collateral?Payment amount and frequency.Payment due date.Whether the loan has a cosigner, and if so, who.19-Aug-2021
Simple Promissory Note SampleInclude the date you are writing or the date you plan to send the note at the top. Write the total amount due in both numeric and long-form. Add a detailed description of the loan or note terms. For example, you'll need to include what the loan or payment is for, who will pay it and how.
