Payment Extension Letter

[YOUR NAME]
[YOUR COMPANY NAME]

[YOUR COMPANY ADDRESS]

[YOUR COMPANY EMAIL]

October 10, 2050

Summer Jones
4026 Leo Street,
Denver, CO 80202

Dear Ms. Jones,

I am writing this letter to formally request an extension on my payment due on December 30, 2050. Over the past few months, I have fallen into a financial rut due to unexpected expenditures. Despite my situation, I am committed to fulfilling my obligations and I am proactively seeking ways to improve my financial condition.

Hence, I am kindly asking for your understanding and support in this matter. I'm humbly requesting a grace period. This reprieve will provide me with the time needed to get back on my feet and honor my debt without causing a significant disruption to my circumstances.

I understand that this might create an inconvenience and I apologize for the same. Be assured, I am making every effort to avoid defaulting on my obligations and I believe that this extension request is in the best interest of both parties. I am hopeful for your kind consideration.

Thank you for your understanding. Do not hesitate to contact me through [YOUR COMPANY EMAIL] for any queries or discussions regarding this matter.

Yours sincerely,

[YOUR NAME]