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Florida Sample Letter for Request for Extension of Time on Promissory Note

State:
Multi-State
Control #:
US-0395LR
Format:
Word; 
Rich Text
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Sample Letter for Request for Extension of Time on Promissory Note

Subject: Request for Extension of Time on Promissory Note — [Your Name] Dear [Lender's Name], I hope this letter finds you well. I am writing to formally request an extension of time on the promissory note that I have with [Lender's Company Name], under the terms and conditions agreed upon in the contract signed on [Date]. Due to unforeseen circumstances, I am facing temporary financial difficulties that have hindered my ability to fulfill the payment obligations on time. I am sincerely committed to repaying the loan in full, but I kindly request an extension of [Number of Days] to alleviate the current burden and honor my commitment effectively. In support of my request, please find enclosed the necessary documentation detailing the reasons for my financial hardship, including [Provide relevant supporting documents such as medical bills, termination letter, etc. if applicable]. I assure you that this delay is entirely temporary and due to circumstances beyond my control. I am actively working towards resolving my financial situation and will keep you informed about any changes that may occur during this extension period. Furthermore, I would appreciate your understanding and consideration in granting this extension, allowing me adequate time to overcome these difficulties and fulfill my obligations promptly. I am willing to work with you directly to establish a revised repayment plan that aligns with my current financial situation. Please let me know if there are any additional documents or information you require to process this extension request effectively. I can be reached at [Your Phone Number] or [Your Email Address] if you need any clarification or discussion regarding this matter. Thank you for your attention to this matter, and I sincerely hope for a positive resolution to our current predicament. Your support and understanding in extending the time on my promissory note would significantly alleviate the financial burden I am currently facing. I look forward to your prompt response and appreciate your timely assistance in this matter. Yours sincerely, [Your Name] [Your Address] [City, State, ZIP Code] [Phone Number] [Email Address] Types of Florida Sample Letter for Request for Extension of Time on Promissory Note: 1. General Request for Extension of Time on Promissory Note — This letter can be used to request an extension of time on a promissory note in Florida without specifying any particular circumstances. 2. Request for Extension of Time on Promissory Note due to Medical Conditions — This letter is tailored for those requesting an extension due to medical conditions that have affected their financial capabilities. 3. Request for Extension of Time on Promissory Note due to Unemployment — This letter is designed for individuals facing temporary unemployment and seeking an extension of time on their promissory notes. 4. Request for Extension of Time on Promissory Note due to Personal Circumstances — This letter is for individuals facing personal circumstances (such as divorce, family emergency, etc.) that have impacted their financial stability and ability to repay the loan on time.

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FAQ

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.

(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 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).

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.

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...?

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.

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.

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Download legal forms designed and vetted by attorneys. Our guided questionnaire will help you find the right form that you can customize before you ... If you borrow or lend money, a promissory note sets the terms anda business attorney and owner of Wheeler Legal PLLC of Florida.The same property search can identify whether the debtor holds any mortgages on someone else's real estate to secure a promissory note payable ... Holders to file the required unclaimed property report(s) and remittance in a safeNOTE: This is intended only as an example of a due diligence letter. Does Navy Federal charge a fee to apply for an auto loan?What if time expires before I can sign the Promissory Note electronically? Specifically, from February 24 to March 9, 2021, SBA had a 14-day, exclusive PPP loan application period for businesses and nonprofits with fewer than 20 ... Public Records Exemption Forms. The following forms may be used to request that an image not be visible on the Internet. Please select the form that is ... The Equal Credit Opportunity Act and Regulation B apply to allvalid for a designated period of time to extend a loan up to a specified amount. The Loan Originator must ensure that applicants who are first-time homebuyers complete homeowner education training as early in the application process as ...

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Florida Sample Letter for Request for Extension of Time on Promissory Note