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In this video, Christopher Neufeld of Newfound Legal emphasizes the importance of seeking approval from your former employer for an extension if you are unable to return termination documents by the deadline. Employers are typically willing to provide a reasonable extension as the deadline is often arbitrary and not legally mandated. It is understandable to need extra time due to the shock of losing your job or procrastination. Employers want to expedite the process and are generally accommodating in granting extensions.