How Do I Write a Letter Asking for More Time to Pay Off a Debt?

Dear Sir,

Please help me with a format to write a letter to the company I do business with. The subject of the letter is that I am indebted to them, and I want them to give me time to pay the debt. This is because I am also indebted to a bank, which has given me an ultimatum to pay back. I will pay the money as soon as I finish servicing the loan from the bank.

Thanks

Subject: Transfer Notification Within the Company

Dear Team,

I hope this message finds you well. I am writing to inform you about an upcoming transfer within our company. One of our colleagues will be moving from one location to another within the same organization.

This transfer is part of our internal mobility program aimed at providing new opportunities for our staff members and enhancing their professional growth. I kindly ask for your support and cooperation during this transition period.

Please join me in congratulating [Colleague's Name] on their new role and offering assistance to ensure a seamless transfer process. Your understanding and teamwork are greatly appreciated as we work together to facilitate this change.

Should you have any questions or require further clarification, please do not hesitate to reach out to me or the HR department.

Thank you for your attention to this matter.

Best regards
[Your Position]