New York 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 New York Sample Letter for Request for Extension of Time on Promissory Note [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Name of Lender] [Title] [Company Name] [Company Address] [City, State, ZIP] Subject: Request for Extension of Time on Promissory Note Dear [Name of Lender], I hope this letter finds you in good health. I am writing to formally request an extension of time on the promissory note dated [date of the promissory note], which is due for payment on [due date]. I apologize for any inconvenience caused due to my inability to meet the original payment deadline. As a result of unforeseen financial circumstances, I am facing temporary financial constraints that have hindered my ability to make the payment on time. However, I am committed to fulfilling my obligation and would like to request an extension of [number of days or months] in order to arrange for the payment. I assure you that this extension request is not due to any lack of responsibility on my part, but rather a temporary setback that has taken me by surprise. I have always been punctual with all my financial obligations in the past and my track record demonstrates my commitment to meeting my debts. To demonstrate my sincerity in fulfilling this obligation, I would like to propose [alternative payment plan or arrangement if applicable]. This arrangement would allow me to meet my financial obligations without causing any further burden on my current financial situation. I am open to discussing any further requirements or conditions that you may have, in order to reach a mutually beneficial agreement. As a resident of New York, I understand the importance of fulfilling contractual agreements and the legal consequences that may arise from non-compliance. Therefore, I am eager to resolve this matter in a timely and mutually agreeable manner. I kindly request your understanding and consideration in granting me an extension of time to ensure my compliance with the promissory note. Please find enclosed [optional: relevant documentation supporting your request, such as financial statements, income proofs, etc.] for your reference. I am confident that upon reviewing my current financial situation, you will acknowledge the temporary hardship I am facing and grant an extension on the promissory note. I kindly request you to respond to this letter at your earliest convenience, acknowledging receipt of my request and indicating your decision regarding the extension. Furthermore, I appreciate your time and attention to this matter, and I remain hopeful for a positive resolution. Thank you for your understanding and cooperation. Yours sincerely, [Your Name]

New York Sample Letter for Request for Extension of Time on Promissory Note [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Name of Lender] [Title] [Company Name] [Company Address] [City, State, ZIP] Subject: Request for Extension of Time on Promissory Note Dear [Name of Lender], I hope this letter finds you in good health. I am writing to formally request an extension of time on the promissory note dated [date of the promissory note], which is due for payment on [due date]. I apologize for any inconvenience caused due to my inability to meet the original payment deadline. As a result of unforeseen financial circumstances, I am facing temporary financial constraints that have hindered my ability to make the payment on time. However, I am committed to fulfilling my obligation and would like to request an extension of [number of days or months] in order to arrange for the payment. I assure you that this extension request is not due to any lack of responsibility on my part, but rather a temporary setback that has taken me by surprise. I have always been punctual with all my financial obligations in the past and my track record demonstrates my commitment to meeting my debts. To demonstrate my sincerity in fulfilling this obligation, I would like to propose [alternative payment plan or arrangement if applicable]. This arrangement would allow me to meet my financial obligations without causing any further burden on my current financial situation. I am open to discussing any further requirements or conditions that you may have, in order to reach a mutually beneficial agreement. As a resident of New York, I understand the importance of fulfilling contractual agreements and the legal consequences that may arise from non-compliance. Therefore, I am eager to resolve this matter in a timely and mutually agreeable manner. I kindly request your understanding and consideration in granting me an extension of time to ensure my compliance with the promissory note. Please find enclosed [optional: relevant documentation supporting your request, such as financial statements, income proofs, etc.] for your reference. I am confident that upon reviewing my current financial situation, you will acknowledge the temporary hardship I am facing and grant an extension on the promissory note. I kindly request you to respond to this letter at your earliest convenience, acknowledging receipt of my request and indicating your decision regarding the extension. Furthermore, I appreciate your time and attention to this matter, and I remain hopeful for a positive resolution. Thank you for your understanding and cooperation. Yours sincerely, [Your Name]