[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Name of Lender] [Address of Lender] [City, State, ZIP Code] Subject: Request for Extension of Time on Promissory Note Dear [Name of Lender], I am writing to request an extension of time on the promissory note dated [date] for the loan received from [Lender's Name], with the original maturity date of [original maturity date]. I regret to inform you that due to unforeseen circumstances, I am experiencing temporary financial difficulties that have made it challenging for me to fulfill my financial obligations within the stipulated time frame. I am confident that this is a temporary setback, and I am fully committed to repaying the loan in accordance with our agreement. Considering the above situation, I would sincerely appreciate your understanding and consideration in granting me an extension of [number of days/weeks/months] on the maturity date of the promissory note. This extension will provide me with the necessary time to arrange my finances and fulfill my repayment obligations promptly. I assure you that I am actively seeking every possible means to improve my financial situation and will make every effort to fulfill my obligations as soon as possible. Additionally, I am willing to pay any additional interest or fees associated with this extension, as deemed appropriate by you. I understand that this request for an extension is subject to your approval, and I am prepared to provide any additional documentation or information necessary to support my request. Please let me know if there are any specific requirements or procedures that I must follow to facilitate this extension. I sincerely value our business relationship and believe that by granting this extension, we can maintain the good faith and trust that we have developed over time. I am committed to perfecting our financial agreement and will adhere to any new terms and conditions you set forth in response to this request. Thank you for your prompt attention to this matter. I kindly request your written confirmation of this extension. Please send your response to the above address or via email at [Your Email Address]. Should you have any questions or require any further information, please do not hesitate to contact me at [Your Phone Number]. I eagerly await your positive response. Yours sincerely, [Your Name]
West Virginia 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.
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.
Definition of promissory note : a written promise to pay at a fixed or determinable future time a sum of money to a specified individual or to bearer.
I would like to state that my fee submission due date is (Date). I am having a financial crisis due to which I won't be able to pay my dues on time. (show your actual problem and situation). For which I would like to request to the registration office to extend due date till (Date).
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...?
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.
Detailed Information The note has all the required information including the name of the drawer and payee, date of maturity, terms of repayment, issue date, name of the drawee, name, and signature of the drawer, principal amount, and the rate of interest, etc.
(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).
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.
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.
