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

State:
Multi-State
Control #:
US-0395LR
Format:
Word; 
Rich Text
Instant download

Description

Sample Letter for Request for Extension of Time on Promissory Note

Dear [Lender's Name], I am writing to formally request an extension of time regarding the promissory note dated [promissory note date]. I apologize for any inconvenience caused and appreciate your understanding and consideration in granting my request. I am currently residing in Indiana and have encountered unforeseen circumstances that have led to temporary financial difficulties. As a result, I am unable to make the payment by the original due date. However, I assure you that I am fully committed to fulfilling my obligations under the promissory note. In order to rectify the situation and honor my commitment, I kindly request an extension of [state the desired length of the extension, for example, 30 days]. This additional time will allow me to address the temporary financial setback and arrange for the necessary funds to make the payment in full. I am confident that the extension will provide me with the opportunity to resolve the situation promptly. I assure you that I am actively working towards improving my financial stability and ensuring that the payment will be made without any further delays. To further support my request, I have attached any relevant documentation that substantiates the unexpected circumstances leading to financial hardship. This includes [list any supporting documents, such as medical bills, loss of employment verification, etc.]. I genuinely value our business relationship and have always maintained a good credit history. I understand that this extension is solely at your discretion, and I sincerely hope that you can grant me this request. Taking into account my past record of timely payments, I am confident that I will successfully resolve this matter within the granted extension. Please consider my request, and I kindly request a written response indicating your decision regarding my extension request. You may reach me at [provide your contact information] to discuss any concerns or additional information you may require. Thank you for your understanding and prompt attention to this matter. I look forward to promptly resolving this issue and continuing our positive business relationship. Yours sincerely, [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number]

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FAQ

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.

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).

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 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).

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.

(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.

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.

More info

Found whose loan application was complete before the area's designationof the loan may be secured by a promissory note alone as long as the applicant:. found whose loan application was complete before the area's designationof the loan may be secured by a promissory note alone as long as the applicant:. WHEREAS, Maker and Holder desire to enter into this Second Extension Agreement in order to extend the date when all the outstanding principal ...Note: If there is more than one tax year or tax period, complete a(For example, deposit data for Tuesday must be e-mailed to Treasury and HQ by BOB ... Term, Definition. Academic Advisement, The application within PeopleSoft Student Administration that is used to track the requirements and policies that a ... Under the CARES Act, homeowners with federally backed mortgage loans affected by COVID-19 can request and obtain forbearance from mortgage ... Time. In many states, lien claims take priority not from the time when theyIn such a state, in our example, the claim of the painting contractor would ... When it comes to debt, the statute of limitations is the amount of time a creditor can take before asking the court to force you to pay for a debt. Concurrence is necessary from the Assistant Chief. Counsel (ACC), Indianapolis, Indiana, for the write-off of Promissory Notes that exceed. $1,500. 6.4 Port ...15 pagesMissing: Sample ?Extension Concurrence is necessary from the Assistant Chief. Counsel (ACC), Indianapolis, Indiana, for the write-off of Promissory Notes that exceed. $1,500. 6.4 Port ... We are extending the temporary flexibilities in this Lender Letter to loans with application dates on or before Sep. 30, 2020 from. promissory note before loan purchase, and electronic signatureIRS Form 4868 (Application for Automatic Extension of Time to File U.S. ...

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