Contra Costa California Sample Letter for Request for Extension of Time on Promissory Note

• Category: Letters - Nonlegal - Requests
• State: Multi-State
• County: Contra Costa
• Control #: US-0395LR
• Format: Word; Rich Text

Description

Sample Letter for Request for Extension of Time on Promissory Note Dear [Lender's Name], I hope this letter finds you in good health and high spirits. I am writing to you in regard to the promissory note for the loan obtained through your esteemed institution. I am a resident of Contra Costa, California, and I would like to request an extension of time to repay the remaining balance on the promissory note. Contra Costa, California, is a vibrant county located in the East Bay region of the San Francisco Bay Area. Known for its picturesque beauty, diverse communities, and booming economy, Contra Costa offers a fantastic quality of life to its residents. It is home to picturesque cities such as Walnut Creek, Concord, and Richmond, offering a wide range of recreational activities, cultural attractions, and business opportunities. As a responsible borrower, I have always strived to meet my financial obligations promptly. However, due to unforeseen circumstances beyond my control, I am currently facing temporary financial constraints that have affected my ability to make timely payments on the promissory note. I understand the gravity of my commitment and acknowledge my responsibility to repay the loan in a timely manner. Therefore, I am humbly requesting an extension of [number of months] months to settle the outstanding balance. This added time will allow me to regroup financially and ensure that I am able to fulfill my financial obligations without difficulty. I assure you that this extension is merely a temporary solution to my present financial setback and that it will not become a regular occurrence. Throughout the extension period, I am committed to adhering to the original terms and conditions of the promissory note, including any associated interest payments. I am more than willing to discuss this matter further with you and provide any additional documentation or proof of my current financial situation, if necessary. I am confident that with your understanding and compassion, we can find a mutually beneficial solution that allows me to honor my obligations without jeopardizing my financial stability. Thank you for your time and attention to this matter. I look forward to your positive response. I appreciate your cooperation and understanding in granting me this extension of time on the promissory note. Your support is greatly appreciated. Please feel free to contact me at [Your Contact Information] at your earliest convenience to discuss this further. Once again, thank you for your understanding and consideration. Yours faithfully, [Your Name] [Your Address] [City, State, Zip Code] [Date]

Dear [Lender's Name], I hope this letter finds you in good health and high spirits. I am writing to you in regard to the promissory note for the loan obtained through your esteemed institution. I am a resident of Contra Costa, California, and I would like to request an extension of time to repay the remaining balance on the promissory note. Contra Costa, California, is a vibrant county located in the East Bay region of the San Francisco Bay Area. Known for its picturesque beauty, diverse communities, and booming economy, Contra Costa offers a fantastic quality of life to its residents. It is home to picturesque cities such as Walnut Creek, Concord, and Richmond, offering a wide range of recreational activities, cultural attractions, and business opportunities. As a responsible borrower, I have always strived to meet my financial obligations promptly. However, due to unforeseen circumstances beyond my control, I am currently facing temporary financial constraints that have affected my ability to make timely payments on the promissory note. I understand the gravity of my commitment and acknowledge my responsibility to repay the loan in a timely manner. Therefore, I am humbly requesting an extension of [number of months] months to settle the outstanding balance. This added time will allow me to regroup financially and ensure that I am able to fulfill my financial obligations without difficulty. I assure you that this extension is merely a temporary solution to my present financial setback and that it will not become a regular occurrence. Throughout the extension period, I am committed to adhering to the original terms and conditions of the promissory note, including any associated interest payments. I am more than willing to discuss this matter further with you and provide any additional documentation or proof of my current financial situation, if necessary. I am confident that with your understanding and compassion, we can find a mutually beneficial solution that allows me to honor my obligations without jeopardizing my financial stability. Thank you for your time and attention to this matter. I look forward to your positive response. I appreciate your cooperation and understanding in granting me this extension of time on the promissory note. Your support is greatly appreciated. Please feel free to contact me at [Your Contact Information] at your earliest convenience to discuss this further. Once again, thank you for your understanding and consideration. Yours faithfully, [Your Name] [Your Address] [City, State, Zip Code] [Date]