West Virginia 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 Code] [Email Address] [Phone Number] [Date] [Name of Lender] [Address of Lender] [City, State, ZIP Code] Subject: Request for Extension of Time on Promissory Note Dear [Name of Lender], I am writing to request an extension of time on the promissory note dated [date] for the loan received from [Lender's Name], with the original maturity date of [original maturity date]. I regret to inform you that due to unforeseen circumstances, I am experiencing temporary financial difficulties that have made it challenging for me to fulfill my financial obligations within the stipulated time frame. I am confident that this is a temporary setback, and I am fully committed to repaying the loan in accordance with our agreement. Considering the above situation, I would sincerely appreciate your understanding and consideration in granting me an extension of [number of days/weeks/months] on the maturity date of the promissory note. This extension will provide me with the necessary time to arrange my finances and fulfill my repayment obligations promptly. I assure you that I am actively seeking every possible means to improve my financial situation and will make every effort to fulfill my obligations as soon as possible. Additionally, I am willing to pay any additional interest or fees associated with this extension, as deemed appropriate by you. I understand that this request for an extension is subject to your approval, and I am prepared to provide any additional documentation or information necessary to support my request. Please let me know if there are any specific requirements or procedures that I must follow to facilitate this extension. I sincerely value our business relationship and believe that by granting this extension, we can maintain the good faith and trust that we have developed over time. I am committed to perfecting our financial agreement and will adhere to any new terms and conditions you set forth in response to this request. Thank you for your prompt attention to this matter. I kindly request your written confirmation of this extension. Please send your response to the above address or via email at [Your Email Address]. Should you have any questions or require any further information, please do not hesitate to contact me at [Your Phone Number]. I eagerly await your positive response. Yours sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Name of Lender] [Address of Lender] [City, State, ZIP Code] Subject: Request for Extension of Time on Promissory Note Dear [Name of Lender], I am writing to request an extension of time on the promissory note dated [date] for the loan received from [Lender's Name], with the original maturity date of [original maturity date]. I regret to inform you that due to unforeseen circumstances, I am experiencing temporary financial difficulties that have made it challenging for me to fulfill my financial obligations within the stipulated time frame. I am confident that this is a temporary setback, and I am fully committed to repaying the loan in accordance with our agreement. Considering the above situation, I would sincerely appreciate your understanding and consideration in granting me an extension of [number of days/weeks/months] on the maturity date of the promissory note. This extension will provide me with the necessary time to arrange my finances and fulfill my repayment obligations promptly. I assure you that I am actively seeking every possible means to improve my financial situation and will make every effort to fulfill my obligations as soon as possible. Additionally, I am willing to pay any additional interest or fees associated with this extension, as deemed appropriate by you. I understand that this request for an extension is subject to your approval, and I am prepared to provide any additional documentation or information necessary to support my request. Please let me know if there are any specific requirements or procedures that I must follow to facilitate this extension. I sincerely value our business relationship and believe that by granting this extension, we can maintain the good faith and trust that we have developed over time. I am committed to perfecting our financial agreement and will adhere to any new terms and conditions you set forth in response to this request. Thank you for your prompt attention to this matter. I kindly request your written confirmation of this extension. Please send your response to the above address or via email at [Your Email Address]. Should you have any questions or require any further information, please do not hesitate to contact me at [Your Phone Number]. I eagerly await your positive response. Yours sincerely, [Your Name]