Bronx New York Sample Letter for Agreement to Extend Debt Payment

• Category: Letters - Nonlegal - Agreements
• State: Multi-State
• County: Bronx
• Control #: US-0052LR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. Sample Letter for Agreement to Extend Debt Payment Dear [Creditor's Name], I am writing to request an agreement to extend the payment due date for my outstanding debt. I currently reside in the Bronx, New York, and due to unforeseen circumstances, I am facing financial challenges that make it difficult for me to meet the original payment deadline. Bronx, New York, known as the northernmost borough of New York City, is a vibrant and culturally diverse community. With its rich history, iconic landmarks like Yankee Stadium and Bronx Zoo, and thriving arts scene, the Bronx is a dynamic place to live. I understand the importance of fulfilling my financial obligations and want to assure you that I am committed to settling my debt. However, I am currently dealing with [briefly explain circumstances causing financial hardship, such as job loss, medical issues, or major unexpected expenses]. Given my situation, I kindly request your understanding and cooperation in granting me an extension on the current payment deadline. I am proposing to extend the due date by [number of days/weeks/months] to allow me enough time to recover financially and arrange for the payment. During this extended period, I assure you that I will make every effort to fulfill my obligations promptly. Once my financial situation stabilizes, I will do my best to make additional, regular payments to catch up on the outstanding debt. To formalize this agreement, please find enclosed a signed copy of the extension agreement, which outlines the new payment due date and any modified terms mutually agreed upon. This modified agreement, once signed by both parties, will serve as the legally binding document to ensure our agreed-upon terms are enforced. I genuinely appreciate your consideration of my request. Your support and cooperation will provide me with the necessary relief to navigate through my current financial hardships successfully. Please don't hesitate to contact me at [your contact number] or [your email address] to discuss this matter further or if you require any additional documentation. Thank you once again for your understanding, and I look forward to a positive resolution to this matter. Sincerely, [Your Name] [Your Address] [City, State, ZIP Code] [Date]

Sample Letter for Agreement to Extend Debt Payment Dear [Creditor's Name], I am writing to request an agreement to extend the payment due date for my outstanding debt. I currently reside in the Bronx, New York, and due to unforeseen circumstances, I am facing financial challenges that make it difficult for me to meet the original payment deadline. Bronx, New York, known as the northernmost borough of New York City, is a vibrant and culturally diverse community. With its rich history, iconic landmarks like Yankee Stadium and Bronx Zoo, and thriving arts scene, the Bronx is a dynamic place to live. I understand the importance of fulfilling my financial obligations and want to assure you that I am committed to settling my debt. However, I am currently dealing with [briefly explain circumstances causing financial hardship, such as job loss, medical issues, or major unexpected expenses]. Given my situation, I kindly request your understanding and cooperation in granting me an extension on the current payment deadline. I am proposing to extend the due date by [number of days/weeks/months] to allow me enough time to recover financially and arrange for the payment. During this extended period, I assure you that I will make every effort to fulfill my obligations promptly. Once my financial situation stabilizes, I will do my best to make additional, regular payments to catch up on the outstanding debt. To formalize this agreement, please find enclosed a signed copy of the extension agreement, which outlines the new payment due date and any modified terms mutually agreed upon. This modified agreement, once signed by both parties, will serve as the legally binding document to ensure our agreed-upon terms are enforced. I genuinely appreciate your consideration of my request. Your support and cooperation will provide me with the necessary relief to navigate through my current financial hardships successfully. Please don't hesitate to contact me at [your contact number] or [your email address] to discuss this matter further or if you require any additional documentation. Thank you once again for your understanding, and I look forward to a positive resolution to this matter. Sincerely, [Your Name] [Your Address] [City, State, ZIP Code] [Date]