Letter Asking For More Time To Settle An Account

Below is sample letter asking for more time to settle an account :

Your Name
Company Name
Street Address
City, ST ZIP Code

Recipient Name
Organization Name
Street Address
City, ST ZIP Code

Dear Recipient Name:

I just read your reminders and lawyer’s letter asking me to pay this overdue account of USD1000. I apologize for not replying earlier as I was overseas the whole of last month desperately trying to get my overseas’ clients to pay their debts.

My financial situation is very tight at the moment and I have many other debts to pay. That is why we cannot pay you just yet. I have to ask you for a favor. Could you let me have three more weeks to come up with the money to settle your account? I will be more than grateful if you could. Thank you.


Your Name

More financial matters

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