Subject: Request for Extension of Time on Promissory Note Dear [Lender's Name], I hope this letter finds you in good health. I am writing to formally request an extension of time on the promissory note [loan number] that I have with your esteemed institution. Due to unforeseen circumstances, I am facing difficulties in meeting the original repayment deadline. [Provide a brief explanation of the circumstances that have caused your financial constraints. Be honest, transparent and include any relevant details.] Considering my long-standing relationship with your bank and my commitment to fulfill my financial obligations, I kindly request an extension of [specify the length of time you are seeking] on the mentioned promissory note. I assure you that this extension will assist me in organizing my finances more effectively and allow me to fulfill my obligation without any undue burden. I understand that any extension would result in additional interest and charges. Therefore, I am willing to discuss and negotiate the specific terms and conditions of this extension to reach a mutually beneficial agreement for both parties. I have also taken the liberty of attaching the necessary supporting documents that substantiate my current financial situation, as well as a proposed repayment plan which outlines how I intend to repay the outstanding balance within the extended timeframe. [Acknowledge your responsibility for the debt and express your gratitude for the lender's consideration and support.] I kindly request you to review my request for an extension and provide me with a written confirmation of your approval as soon as possible, so that I can plan my finances accordingly and ensure a seamless repayment process. Thank you for your attention to this matter, and I look forward to your prompt response. Should you have any further questions or require additional information, please do not hesitate to contact me at [your phone number] or [your email address]. Sincerely, [Your Name] [Your Address] [City, State, ZIP] [Loan Number] Different types of Arkansas Sample Letter for Request for Extension of Time on Promissory Note may include: 1. Promissory Note Extension for Student Loan 2. Promissory Note Extension for Mortgage Loan 3. Promissory Note Extension for Business Loan 4. Promissory Note Extension for Personal Loan.
Arkansas Sample Letter for Request for Extension of Time on Promissory Note
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How to fill out Arkansas Sample Letter For Request For Extension Of Time On Promissory Note?
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FAQ
I am writing this letter to request you to extend the submission period of fee payment by a (week/month/quarter), which is from // (Date) to // (Date). The reason behind the extension of my fee payment is (reason for requesting extension).
How to write a leave extension letterCheck your company's leave extension rules.Include date, name and address.Add the name and address of the recipient.Add a subject line.Add a salutation.Refer to your original leave status.Explain the reason for the extension.Specify the duration of the extension.More items...?
My next specify payment will be due on , 20 . Due to an unexpected emergency that has occurred, I will be unable to make this payment by the date I am requesting an extension of time to make this payment.
I hereby write to inform you that I will not be able to pay the fees of (Semester/Year) due to (salary issues/some other emergency payments). I promise that I shall pay the fees by (Date and Month), and there will be no delay in the same.
Dear Sir. RE: Request for extension time in paying fee. I am Santos, a student of Avenue Park School and I am writing to request for an extension of time in paying up the school dues that I have not been able to clear due to unavoidable circumstances back at home.
The financial condition of my family has become quite uncertain and unstable. As a result of this, I have not been able to pay my school fee for the month of May and June, 2019. Kindly give my family a time period of two weeks. I shall be able to pay the fee by July 2, 2019.
(Cordially describe your greetings). We will try our best to make the payment on time and apologize for the inconvenience caused to you. I ask you to consider my request for postponement of the last day for the advance payment of the money promised according to the deal signed between us and your company (date).
I respectfully ask for permission to pay my fees a week or two after the due date. My father had passed away many years ago and my mother is unable to work full time, so my siblings and I are the earners of the house and we each have part-time jobs. (Explain the actual problem and situation).
My next specify payment will be due on , 20 . Due to an unexpected emergency that has occurred, I will be unable to make this payment by the date I am requesting an extension of time to make this payment.
