Subject: Request for Extension of Time on Promissory Note [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Promissory Note Holder's Name] [Promissory Note Holder's Address] [City, State, ZIP] Dear [Promissory Note Holder's Name], I am writing with regard to the promissory note we entered into on [Loan Date], pertaining to the loan agreement between us. I deeply appreciate the assistance you provided through this financial agreement, and I am committed to fulfilling my repayment obligations. Due to unforeseen circumstances beyond my control, I am experiencing temporary financial difficulties, which have made it challenging for me to meet the payment due on [Due Date]. I am writing this letter to kindly request an extension of the payment due date. I assure you that this extension request is not a means to evade my financial responsibilities, but rather an endeavor to rectify the situation and meet my obligations promptly. Furthermore, I am confident that the extension of time will allow me to gather the necessary funds to satisfy the remaining balance owed. [Optional: Explain the reasons for your financial difficulties, highlighting any relevant circumstances such as loss of employment, medical emergencies, or any other valid reason that contributed to the present situation.] Considering my commitment to fulfill my financial obligations, I kindly request an extension of [number of days/weeks] to repay the outstanding amount in full. I am eager to settle the outstanding balance as soon as possible, and I believe this extension would give me the necessary time to secure the necessary funds without causing any further strain or inconvenience to either party involved. I fully understand that extending the time for repayment is at your discretion, and I sincerely hope you will consider my request. Furthermore, I am confident that this extension will allow me to maintain my good financial standing, reducing the possibility of any negative impact on my credit score. If you require any additional documentation or information to support my extension request, please let me know promptly, and I will promptly provide the necessary details. Thank you for your understanding and consideration. I appreciate your cooperation and hope for a positive resolution to this matter. Should you have any questions or concerns, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address]. Yours sincerely, [Your Name]
Arizona Sample Letter for Request for Extension of Time on Promissory Note
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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...?
(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).
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 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).
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.
Whether a promissory note is hand written or typed and signed, it is a legally, binding contract. LendingTree quoted Vincent Averaimo for saying, However, it would be foolish to sign a handwritten promissory note as it is easier to add language to a handwritten note after the fact as opposed to a typewritten one.
I have to pay a total amount of (amount) and which is getting difficult for my parents. As per (mention reason) I request you to kindly allow me to pay the fees in installments. I look forward to your kind support. I shall be highly obliged.
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.
