Subject: Request for Extension of Time — Account [Account Number] [Your Name] [Your Address] [City, State, Zip] [Email Address] [Phone Number] [Date] [Bank Name] [Bank Address] [City, State, Zip] Dear [Bank Representative's Name], I hope this letter finds you well. I am writing to formally request an extension of time for [specific account/bill payment] due on [original due date]. Due to unforeseen circumstances, I am unable to fulfill the obligation within the allocated timeframe. I apologize for any inconvenience this may cause and sincerely appreciate your understanding and cooperation. I am a valued customer of [Bank Name] for several years now, and throughout this period, I have maintained an excellent track record in terms of timely payments and responsible financial conduct. Unfortunately, a recent setback has severely affected my finances, making it impossible for me to meet the upcoming deadline. The reasons for my hardship are as follows: 1. [Explain the specific circumstances leading to financial constraints — e.g., medical emergency, job loss, business downturn, natural disaster, etc.] 2. [Provide supporting documentation if possible — e.g., medical reports, termination letter, financial statements, etc.] Considering the above situation, I humbly request an extension of [mention the desired extension duration, such as 15 or 30 days] to arrange for the necessary funds and settle the outstanding payment. This extension would allow me sufficient time to overcome my current financial difficulties and meet my obligations to [Bank Name]. I assure you that this delay in payment is solely due to the temporary financial crisis I am facing, and I am committed to resolving this matter as quickly as possible. I kindly request your compassion and assistance in granting me this extension without any additional penalties or adverse effects on my account. Please find enclosed the supporting documentation for your reference. If there are any further documents required or forms to be filled out, please inform me so that I may promptly provide them to you. I kindly request your prompt attention to this matter, as it is of utmost importance to me. I believe in maintaining a mutually beneficial relationship with [Bank Name], and I am confident that granting this extension will only strengthen the rapport we have established over the years. Furthermore, I am willing to discuss any terms or conditions you may have for granting this extension and assure you that I will do my utmost to adhere to them. You're understanding and prompt response to my request would be greatly appreciated. Please feel free to contact me at [your phone number] or [your email address] to discuss this matter further. Thank you for your attention and cooperation. Yours sincerely, [Your Name]
New York Sample Letter for Request to Bank for Extension of Time
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How to fill out New York Sample Letter For Request To Bank For Extension Of Time?
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FAQ
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. If you review my file, I believe you will find that my payments have generally been made in a timely fashion.
I would very much appreciate such an extension, and assure you that I will be able to make a firm decision by that date. Thank you very much for your consideration of my request.
To write a letter asking for an extension, start with a formal salutation, like "Dear Professor Montgomery." Then, in the body of your letter, state that you'd like an extension and explain why you need one. You should also include a new, realistic deadline that you think you can meet.
How do you ask for an extension deadline?Determine if an extension is possible.Don't put in a request at the last moment.Ask in person or by phone or email.Give a credible reason.Furnish proof of work done.Set a new deadline and stick to it.Thank the supervisor or manager.Make sure it doesn't happen again.
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...?
To confirm our phone conversation of this afternoon, I am asking you to consider whether it would be possible for me to supply you with my decision by March 28. I would very much appreciate such an extension, and assure you that I will be able to make a firm decision by that 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.
Include your contact information and ask to be contacted when the letter is received. Highlight the reasons you are requesting an extension. If possible, provide documentation. For example if you have recently been laid off and are collecting unemployment, you could submit a statement of your benefits.
How to get bill extensions during COVID-19Identify the payments you need to defer.Contact the service provider or lender.Ask to change the date of payments.Ask for a bill extension.Request a payment plan or reduced payment.Work with a housing or credit counselor.Consider using bill extension apps.
