Subject: Official Request for Extension of Time on Promissory Note — Missouri Sample Letter 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 dated [date] for the loan of [amount], originally due on [original due date]. Due to unforeseen circumstances, I am unable to fulfill the payment obligations within the agreed-upon timeframe. I would like to bring to your attention the current financial challenges I am facing, which have significantly impacted my ability to make timely payments. [Explain in detail the reasons for the extension request, such as job loss, medical expenses, or any other relevant circumstances affecting your financial stability]. These circumstances have made it extremely difficult for me to meet my financial obligations, and as a result, I am seeking your understanding and cooperation. I assure you that this extension request is not intended to avoid or delay the repayment of the loan, but rather to request a reasonable extension of time to enable me to regain financial stability and fulfill my commitment in a satisfactory manner. With your support, I am confident that I will be able to meet the obligations stated in the promissory note. Additionally, I would like to apologize for any inconvenience caused by this request. I understand that it may disrupt your financial plans as well, and I truly appreciate your understanding and willingness to consider my situation. To address the extension request, I propose [suggested new due date] as a mutually agreed-upon timeline for the repayment. This additional time will allow me to overcome the present difficulties and ensure that the repayment is made promptly and in full. Please find attached any supporting documents, such as bank statements, medical bills, or any other pertinent information that further illustrates my financial situation. Kindly review these documents to gain a comprehensive understanding of my current circumstances. I am confident that we can reach a mutually beneficial agreement through this extension request, thus ensuring the fulfillment of my commitment in an honorable manner. I am committed to taking all the necessary steps to rectify my financial situation and avoid any potential default on the promissory note. Thank you for considering my extension request. I sincerely appreciate your attention to this matter and your support during this challenging time. I kindly request a prompt response to my request letter. Should you require any further information or documentation to facilitate the extension process, please do not hesitate to contact me at [your contact information]. Once again, thank you for your understanding, professionalism, and cooperation. Yours faithfully, [Your Full Name] [Your Contact Information]
Missouri Sample Letter for Request for Extension of Time on Promissory Note
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How to fill out Missouri Sample Letter For Request For Extension Of Time On Promissory Note?
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This is to express in writing my inability to pay on time the amount due for my tuition fees amounting to P. I promise to pay said amount on or before . Furthermore, I am fully aware that subsequent Promissory Notes shall not be accepted without settling my current due amount.
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.
Simple Promissory Note SampleInclude the date you are writing or the date you plan to send the note at the top. Write the total amount due in both numeric and long-form. Add a detailed description of the loan or note terms. For example, you'll need to include what the loan or payment is for, who will pay it and how.
A loan extension agreement allows the maturity date to be extended on a current note. The agreement amends the current loan along with any other terms that agreed-upon by the lender and borrower.
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.
This is to express in writing my inability to pay on time the amount due for my tuition fees amounting to P. I promise to pay said amount on or before . Furthermore, I am fully aware that subsequent Promissory Notes shall not be accepted without settling my current due amount.
Use these steps to help you make an effective deadline extension request:Determine deadline importance.Decide how to ask.Provide a specific reason.Show your dedication.Offer to share your progress.Set a reasonable new deadline.Show gratitude.Example conversational request.More items...?
The reason behind the extension of my fee payment is (reason for requesting extension). I am hoping that you would consider my situation and grant me the extension. I shall be obliged for your kind support. Thanking you in advance.
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).
Letter of Request for Extension of Payment DueLetter of Request for Extension of Payment Due : This Letter should be written in The Letter-Pad of the Company.From : The Sender's Name, Door Number and Street's Name,TO : Addressee's Name, Designation,NOTE : This is a typical letter.Related Links :
