Travis Texas Sample Letter for Request for Extension of Time on Promissory Note

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

Description

Sample Letter for Request for Extension of Time on Promissory Note Travis Texas Sample Letter for Request for Extension of Time on Promissory Note Date: [Insert Date] [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Request for Extension of Time on Promissory Note Dear [Recipient's Name], I hope this letter finds you well. I am writing to formally request an extension of time on the promissory note dated [Insert Date] for the loan I obtained from your esteemed institution in the amount of [Insert Loan Amount]. I am facing unforeseen circumstances that have made it difficult for me to meet the original deadline. Furthermore, I have always been committed to fulfilling my financial obligations promptly, but due to the current situation, I am experiencing temporary financial constraints. [Briefly explain the circumstances affecting your ability to make the payment on time, such as loss of employment, medical expenses, or any other legitimate reason.] I apologize for any inconvenience caused and assure you that my intention is to honor my commitment and make the full payment as soon as possible. However, I kindly request an extension of [Specify the desired extension period] to allow me sufficient time to overcome these challenges and arrange for the necessary funds. I understand that an extension has financial implications and could result in additional interest charges or modification fees. If there are any associated costs, please inform me of the details, and I will make every effort to accommodate them to the best of my ability. In order to provide you with the necessary reassurances, I have attached supporting documentation that verifies my current financial situation. This includes [list documents, such as bank statements or pay stubs] which clearly demonstrate the temporary difficulties I am facing. I remain dedicated to resolving this matter promptly, and I sincerely appreciate your understanding and willingness to consider my request. If there is any additional information or documentation required, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address]. Thank you for your time and attention to this matter. I genuinely value the business relationship we have built, and I hope we can come to a mutually beneficial agreement. I eagerly await your response. Yours faithfully, [Your Name]

Travis Texas Sample Letter for Request for Extension of Time on Promissory Note Date: [Insert Date] [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Request for Extension of Time on Promissory Note Dear [Recipient's Name], I hope this letter finds you well. I am writing to formally request an extension of time on the promissory note dated [Insert Date] for the loan I obtained from your esteemed institution in the amount of [Insert Loan Amount]. I am facing unforeseen circumstances that have made it difficult for me to meet the original deadline. Furthermore, I have always been committed to fulfilling my financial obligations promptly, but due to the current situation, I am experiencing temporary financial constraints. [Briefly explain the circumstances affecting your ability to make the payment on time, such as loss of employment, medical expenses, or any other legitimate reason.] I apologize for any inconvenience caused and assure you that my intention is to honor my commitment and make the full payment as soon as possible. However, I kindly request an extension of [Specify the desired extension period] to allow me sufficient time to overcome these challenges and arrange for the necessary funds. I understand that an extension has financial implications and could result in additional interest charges or modification fees. If there are any associated costs, please inform me of the details, and I will make every effort to accommodate them to the best of my ability. In order to provide you with the necessary reassurances, I have attached supporting documentation that verifies my current financial situation. This includes [list documents, such as bank statements or pay stubs] which clearly demonstrate the temporary difficulties I am facing. I remain dedicated to resolving this matter promptly, and I sincerely appreciate your understanding and willingness to consider my request. If there is any additional information or documentation required, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address]. Thank you for your time and attention to this matter. I genuinely value the business relationship we have built, and I hope we can come to a mutually beneficial agreement. I eagerly await your response. Yours faithfully, [Your Name]