New Hampshire 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 [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] 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 in regard to my financial obligations. I am confident that through this communication, we can find a mutually beneficial solution. As per the terms and conditions stated in the promissory note dated [insert date], I acknowledge having borrowed a sum of [insert amount] from [name of lender]. The specified repayment period is set to expire on [insert original due date]. Unfortunately, due to unforeseen circumstances beyond my control, I am currently unable to meet the agreed-upon payment schedule. Let me provide you with a brief explanation of the circumstances that have led to this request for an extension. [Here, mention the reasons why you need an extension, such as loss of employment, medical issues, or unexpected financial challenges.] I sincerely apologize for any inconvenience this may cause and assure you that I am dedicated to fulfilling my financial obligations. To overcome this temporary setback, I kindly request an extension of [insert requested extension duration] days. This additional time would greatly assist me in organizing my finances and allowing me to make the necessary repayment without compromising on other essential expenses. To demonstrate my commitment, I would like to propose the following alternative repayment plan during the extended period: 1. [Specify the revised repayment schedule, ensuring it is feasible for you and reflects the additional time requested.] Additionally, I assure you that I will strictly adhere to the revised payment plan and meet all future obligations punctually. I fully understand that any further delay or inability to comply with the agreed-upon terms may have legal consequences, and I am dedicated to preventing such circumstances from arising. I remain eager to resolve this matter immediately and would appreciate your prompt response regarding the possibility of granting the extension. Furthermore, I am open to any suggestions or modifications you may have in mind to further facilitate a successful resolution. Please find attached any relevant supporting documents that can assist in illustrating my current financial situation and the validity of my request. If you require any further information or documentation, kindly let me know, and I will promptly provide it. Thank you for your understanding and consideration. Your assistance in this matter is greatly appreciated. I look forward to your positive response at the earliest convenience and trust that we can reach an agreement that satisfies both parties involved. Yours sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] 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 in regard to my financial obligations. I am confident that through this communication, we can find a mutually beneficial solution. As per the terms and conditions stated in the promissory note dated [insert date], I acknowledge having borrowed a sum of [insert amount] from [name of lender]. The specified repayment period is set to expire on [insert original due date]. Unfortunately, due to unforeseen circumstances beyond my control, I am currently unable to meet the agreed-upon payment schedule. Let me provide you with a brief explanation of the circumstances that have led to this request for an extension. [Here, mention the reasons why you need an extension, such as loss of employment, medical issues, or unexpected financial challenges.] I sincerely apologize for any inconvenience this may cause and assure you that I am dedicated to fulfilling my financial obligations. To overcome this temporary setback, I kindly request an extension of [insert requested extension duration] days. This additional time would greatly assist me in organizing my finances and allowing me to make the necessary repayment without compromising on other essential expenses. To demonstrate my commitment, I would like to propose the following alternative repayment plan during the extended period: 1. [Specify the revised repayment schedule, ensuring it is feasible for you and reflects the additional time requested.] Additionally, I assure you that I will strictly adhere to the revised payment plan and meet all future obligations punctually. I fully understand that any further delay or inability to comply with the agreed-upon terms may have legal consequences, and I am dedicated to preventing such circumstances from arising. I remain eager to resolve this matter immediately and would appreciate your prompt response regarding the possibility of granting the extension. Furthermore, I am open to any suggestions or modifications you may have in mind to further facilitate a successful resolution. Please find attached any relevant supporting documents that can assist in illustrating my current financial situation and the validity of my request. If you require any further information or documentation, kindly let me know, and I will promptly provide it. Thank you for your understanding and consideration. Your assistance in this matter is greatly appreciated. I look forward to your positive response at the earliest convenience and trust that we can reach an agreement that satisfies both parties involved. Yours sincerely, [Your Name]