Maricopa Arizona Sample Letter for Request for Extension of Time on Promissory Note

• Category: Letters - Nonlegal - Requests
• State: Multi-State
• County: Maricopa
• 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] [Email Address] [Phone Number] [Date] [Name of Lender] [Company Name] [Address] [City, State, ZIP] Subject: Request for Extension of Time on Promissory Note Dear [Lender's Name], I hope this letter finds you well. I am writing to humbly request an extension of time on the promissory note dated [promissory note date] that I have with [Lender's Company Name]. I am facing unforeseen circumstances that have affected my ability to fulfill the repayment terms as agreed upon. Furthermore, I am a resident of Maricopa, Arizona, and [briefly describe your connection or involvement in the community, if applicable]. Maricopa is a vibrant city located in Pinal County, about 30 miles south of Phoenix. It offers a range of recreational activities, housing options, and community events. Recently, I have come across unexpected financial hardships that have significantly impacted my ability to meet the repayment deadline. This setback has caused me immense distress, and I am genuinely determined to fulfill my financial commitments. However, given my current circumstances, I kindly request an extension of [mention the duration of extension you are seeking, such as 30 days] to arrange the necessary funds for the complete repayment of the promissory note. I assure you that this extension request is not an attempt to evade my obligations but rather an earnest effort to fulfill them responsibly. I fully understand the importance of honoring my financial commitments and consider your trust and support invaluable. To demonstrate my seriousness and commitment, I have already taken proactive steps to improve my financial situation. [Briefly mention any actions you have taken, such as exploring additional income sources, cutting expenses, seeking financial guidance, etc.] With the extension you grant, I will be able to rectify the temporary setback and fulfill my obligations timely. I kindly request your understanding and compassion in considering my request for an extension on the promissory note. I genuinely believe that given the circumstances, I will be able to repay the outstanding amount in full within the extended time frame. Should you grant the extension, I assure you that I will be in constant communication with your office, providing regular updates on my progress and making every effort to rectify the situation as soon as possible. Please feel free to contact me at [insert phone number] or [insert email address] at your convenience to discuss this matter further or request any additional information you may require. Thank you for your attention to this request. I sincerely hope for your understanding and favorable consideration. Your support in providing me with an extension of time will go a long way in helping me overcome these temporary financial difficulties. Yours sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Name of Lender] [Company Name] [Address] [City, State, ZIP] Subject: Request for Extension of Time on Promissory Note Dear [Lender's Name], I hope this letter finds you well. I am writing to humbly request an extension of time on the promissory note dated [promissory note date] that I have with [Lender's Company Name]. I am facing unforeseen circumstances that have affected my ability to fulfill the repayment terms as agreed upon. Furthermore, I am a resident of Maricopa, Arizona, and [briefly describe your connection or involvement in the community, if applicable]. Maricopa is a vibrant city located in Pinal County, about 30 miles south of Phoenix. It offers a range of recreational activities, housing options, and community events. Recently, I have come across unexpected financial hardships that have significantly impacted my ability to meet the repayment deadline. This setback has caused me immense distress, and I am genuinely determined to fulfill my financial commitments. However, given my current circumstances, I kindly request an extension of [mention the duration of extension you are seeking, such as 30 days] to arrange the necessary funds for the complete repayment of the promissory note. I assure you that this extension request is not an attempt to evade my obligations but rather an earnest effort to fulfill them responsibly. I fully understand the importance of honoring my financial commitments and consider your trust and support invaluable. To demonstrate my seriousness and commitment, I have already taken proactive steps to improve my financial situation. [Briefly mention any actions you have taken, such as exploring additional income sources, cutting expenses, seeking financial guidance, etc.] With the extension you grant, I will be able to rectify the temporary setback and fulfill my obligations timely. I kindly request your understanding and compassion in considering my request for an extension on the promissory note. I genuinely believe that given the circumstances, I will be able to repay the outstanding amount in full within the extended time frame. Should you grant the extension, I assure you that I will be in constant communication with your office, providing regular updates on my progress and making every effort to rectify the situation as soon as possible. Please feel free to contact me at [insert phone number] or [insert email address] at your convenience to discuss this matter further or request any additional information you may require. Thank you for your attention to this request. I sincerely hope for your understanding and favorable consideration. Your support in providing me with an extension of time will go a long way in helping me overcome these temporary financial difficulties. Yours sincerely, [Your Name]