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    Proforma Letter

    Uploaded by

    AileenJane Mallonga
    The letter writer is requesting leniency from their bank account officer regarding late payments on an auto loan. They fell behind on payments due to financial hardships caused by the pandemic, which made it difficult to pay bills and provide for their family's essential needs. They apologize for the late payments and ask either to extend the payment period to allow settling the full amount owed, or to restructure the loan terms to help alleviate their financial situation and support their family's recovery.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Proforma Letter

    Uploaded by

    AileenJane Mallonga
    199 views2 pages
    The letter writer is requesting leniency from their bank account officer regarding late payments on an auto loan. They fell behind on payments due to financial hardships caused by the pandemic, which made it difficult to pay bills and provide for their family's essential needs. They apologize for the late payments and ask either to extend the payment period to allow settling the full amount owed, or to restructure the loan terms to help alleviate their financial situation and support their family's recovery.

    Original Description:

    REQUEST LETTER

    Original Title

    PROFORMA LETTER

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    The letter writer is requesting leniency from their bank account officer regarding late payments on an auto loan. They fell behind on payments due to financial hardships caused by the pandemic, which made it difficult to pay bills and provide for their family's essential needs. They apologize for the late payments and ask either to extend the payment period to allow settling the full amount owed, or to restructure the loan terms to help alleviate their financial situation and support their family's recovery.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    199 views2 pages

    Proforma Letter

    Uploaded by

    AileenJane Mallonga
    The letter writer is requesting leniency from their bank account officer regarding late payments on an auto loan. They fell behind on payments due to financial hardships caused by the pandemic, which made it difficult to pay bills and provide for their family's essential needs. They apologize for the late payments and ask either to extend the payment period to allow settling the full amount owed, or to restructure the loan terms to help alleviate their financial situation and support their family's recovery.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    ___ October 2021

    ___________________
    Account Officer
    Banking Finance Department
    (Name of the concerned Bank)

    Dear Sir:

    Greetings!

    This has reference to your notice informing the undersigned of his/her default
    in the payment of the monthly amortizations attached to his motor vehicle,
    which is also a subject of a Chattel Mortgage. He has also been informed that
    the same shall warrant the repossession of the same motor vehicle.

    At this very juncture, the undersigned is writing you to signify his good faith
    and his zealous desire to settle his financial obligations. He is bereft of any
    intent to abscond or renege from the same. It is, however, the regret of the
    undersigned that the delays made in his monthly amortizations were due to the
    financial setbacks that have befallen him and his family. He has been doing his
    best to make ends meet. Their hardship has also been aggravated by the
    pandemic. Were it not of the restrictions and predicaments brought about by
    this trying times, which has taken its toll on everyone, the undersigned would
    have been so much able to settle his payments on time. It is just but
    unfortunate that he was not able to due to these circumstances beyond his
    control and constrained to submit to the situation. The undersigned has never
    wanted to have defaults in his payment only that he was placed into such
    situation.

    It is also noteworthy that aside from the same obligation, the undersigned has
    also been more pinned to also provide for the everyday essential needs of his
    family, which no head of the family could ever take to dispense with or neglect.
    Thus, the undersigned has to defray for such a very important matter,
    addressing their daily family needs.

    With these attending circumstances, the undersigned candidly appeals and


    knocks unto your kind and compassionate heart to consider his situation and
    by way of proposal, the undersigned sincerely begs your kind indulgence hat he
    may be given ample opportunity to settle his obligations, remitting also the
    interests and penalties. Or in the alternative, the undersigned likewise prays
    that the loan be restructured just to alleviate his financial setbacks and
    eventually, to their family’s financial recovery.

    The undersigned, again, sincerely extends their apologies for whatever


    inconveniences the instant request may cause. The undersigned likewise
    extends his sincerest gratitude and may you be an instrument for his family to
    get back to financial recovery.

    The undesigned is in fervent hope that their humble request merits your
    favorable response.

    Thank you very much.

    God bless you and more power!

    Sincerely yours,

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