South Carolina Sample Letter Regarding Modification Agreement: Dear [Name of Recipient], I hope this letter finds you well. I am writing to discuss the modification agreement regarding your current contract/lease/mortgage situation with [Company/Organization name]. It has come to our attention that you may be facing difficulties maintaining the terms of your existing agreement due to [provide a brief explanation of the reasons behind the modification request]. As a responsible organization, we understand that circumstances change, and we are committed to working with our valued customers/tenants/homeowners to find mutually beneficial solutions. We believe that it is important to support you during these challenging times, and we are open to modifying the terms of our agreement to accommodate your changing circumstances. In response to your initial request for modification, we have carefully reviewed your situation and have developed a proposed modification agreement that takes into consideration both your needs and our interests as well. This agreement aims to outline the specific changes we are willing to make to the existing terms, ultimately providing you with feasible solutions that will allow you to continue benefiting from our services/products. The proposed modification agreement addresses key aspects such as: 1. Payment terms: We understand that your financial situation might have changed. In light of this, we are offering revised payment terms that may include reduced monthly payments, extended due dates, or adjusted interest rates. This will ensure that the payment plan aligns with your current budgetary constraints. 2. Contract/lease/mortgage duration: If necessary, we can consider extending the duration of the agreement to provide you with more time to meet your obligations without undue stress or financial burden. 3. Agreement terms and conditions: We are also open to discussing modifications to other aspects of the agreement, such as revisions to penalty fees, grace periods, or any other terms that may alleviate the challenges you are currently facing. We believe that by working together to create a modified agreement, we can strengthen our business relationship and find a resolution that benefits all parties involved. We highly value your continued support and loyalty, and want to ensure that you receive our utmost support during this trying period. Please review the proposed modification agreement attached with this correspondence. We kindly ask you to thoroughly examine the terms presented, seeking any clarifications, modifications, or additions as needed. Once you have reviewed the agreement, please contact our Customer Service department at [phone number] or email us at [email address] to discuss further steps or any adjustments you feel are necessary. Please note that any modifications to the agreement will require mutual consent and must be confirmed in writing by both parties. We look forward to engaging in productive discussions and arriving at an agreement that addresses both your concerns and our business objectives. Thank you for your attention to this matter. We firmly believe that our commitment to working together will result in a satisfactory resolution. We appreciate your patience and cooperation throughout this process. Sincerely, [Your Name] [Your Title/Position]