Montana 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

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Title] [Company Name] [Company Address] [City, State, ZIP] Subject: Request for Extension of Time on Promissory Note Dear [Recipient's Name], I am writing to formally request an extension of time on the promissory note [Mention the promissory note number or other relevant details] that I hold with [Lender's Name]. Due to unforeseen circumstances beyond my control, I am unable to fulfill the payment obligations within the agreed-upon timeframe. I apologize for any inconvenience caused and sincerely request your understanding and cooperation. Recognizing the importance of meeting financial obligations, I assure you that I am committed to resolving this matter as soon as possible. To explain my situation further, [Briefly explain the reasons for the extension request, such as unexpected medical expenses, loss of employment, or any relevant personal or financial difficulties]. These circumstances have temporarily affected my ability to meet the repayment terms outlined in the promissory note. In light of this, I kindly ask for an extension of [Specify the desired extension period, e.g., 30 days] to help me overcome these challenges and fulfill my obligations responsibly. I am actively working towards rectifying the situation and will make every effort to meet the extended deadline. I understand that any extension granted will be subject to your approval and that additional terms or conditions may be applied. Furthermore, I am open to discussing alternate arrangements, such as modified payment plans or the possibility of paying accrued interest during the extended period. Please let me know if any such alternatives are viable. Enclosed with this letter, please find supporting documents that substantiate my current situation [Mention any relevant documents you are including, such as medical reports, termination letter, or financial statements]. I hope these documents provide a comprehensive overview of the circumstances leading to my request. I am eager to resolve this matter amicably, and I kindly request your prompt attention to this request. If further information or documentation is required, please do not hesitate to contact me at the phone number or email address provided above. Thank you very much for your time and consideration. I look forward to your positive response and the opportunity to work together towards a fair and reasonable solution. Yours sincerely, [Your Name]

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FAQ

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...?

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.

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.

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.

(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).

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 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).

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.

More info

Letter link.Last day for graduate students to file a Graduation Application forApplication and file for Summer 2019 One-credit Extension. One simple way to formalize the loan is with a promissory note.For example, the FINRA loan calculator reveals that the payment on a $10,000 loan at 5 ...Sequence, using the chapter number and a letter, for example,income at the time of eligibility or moderate-income at the time of loan closing). We are extending the temporary flexibilities in this Lender Letter to loans with application dates on or before Sep. 30, 2020 from. The borrower(s) executes the Promissory Note, takes title to thefor an extension of time to deliver a Mortgage Loan beyond the original date of. Under the CARES Act, homeowners with federally backed mortgage loans affected by COVID-19 can request and obtain forbearance from mortgage ... 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 ... valid at the time the note was signed. 8 ? Clarified the requirement for custodians to verify the data from the Schedule. Safe deposit box contents are to be delivered by December 1; however, the report is due by November 1. D. Extension of Time to File. Holders may request up to a ... NOTE: Half-time practice is not available to those serving under theSubmit a complete application as set forth in the ?Completing an ...

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