This letter is a formal request for restructuring the repayment of a loan sent by a borrower to a lender. The borrower confirms that he wants to make regular payments but requires some restructuring in the terms of the loan.
Debts can be rescheduled by reducing payment amounts by extending the payment period. |
Jurisdiction |
This agreement is intended for use in the United Arab Emirates. |
Before Execution |
- The information on this front page or contained in the headers and footers of this instrument are for guidance purposes only. - Please delete this front page together with the information contained in the headers, footers and the endnotes prior to circulating this letter. Where square brackets […] and highlights are used in the document, it indicates that there is missing or incomplete information which will need to be incorporated prior to signature. - Please remove the square brackets and all highlighting prior to signature. |