Sample Letter For Extension Of Time For Payment
They can call the lending institution to find out the name of the recipient.
Sample letter for extension of time for payment. This extension is sought in advance to avoid any kind of late fees and interest that may get additionally charged to your account. Below is a sample letter for extension of payment terms. Vega supreme insert project address.
We worked with many agencies but never received such kind of results. We are really satisfied with your services and appreciate the professionalism in your staff. By emily on june 26 2012.
It should be written in formal business letter style and either included with any required forms or sent by certified mail with a return requested. It should be sent by certified mail so the sender has proof of the date it was sent and received. Request extension on payment.
Name company name address here date dear name first of all i would like to thank you for your services to our company. The borrower should make sure it is addressed to the right person. My next specify payment will be due on 20.
If you review my file i believe you will find that my payments have generally been made in a. A letter requesting for an extension of the period to pay rent is a letter used by a lessee to ask for more time to pay the rent for a specific period. The debtor is any individual or company that owes money while the creditor is the party to whom the money is owed.
A 4 insert project name e g. I have just lost my job and cannot make payments at this time. If the extension is granted a follow up letter of appreciation should be sent immediately.
This document was specifically drafted in relation to the coronavirus disease 2019 covid 19 wherein businesses are not able to or allowed to operate due to government mandated lockdowns or quarantines. Here is a sample of an extension request letter. This letter is a formal request to have a five month extension on my car loan.
Sample letter to negotiate payment terms with the real estate company november 17 2020 name of the recipient designation name of real estate company address. If the bank does not have any specific format of submitting the time extension request then you may use the following letter format to write to the bank. Request for extension of time to pay debt due to the covid 19 coronavirus this letter is sent by a debtor to request an extension of time for them to pay the debt they owe.
This is in reference to your letter received dated date in which you requested a three month extension on your type of loan number number after complete assessment we are sorry to inform you that we are unable to grant you any further extensions for the payment on your loan. 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.