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Payment (Plan) Agreement Template. A payment plan agreement outlines an installment plan to repay an outstanding balance over a specified time frame. This is common when a debtor is unable to pay the total in a single payment.
A debt payment plan agreement is for any person or company that owes an amount of money that they cannot afford to pay immediately or under its current terms.
Monthly (Recurring) Payment Plan Agreement. A monthly payment plan agreement is a contract between a debtor, customer, or client to another party that is owed money. It allows for multiple recurring payments instead of one lump sum payment.
A past-due rent payment plan agreement is a contract between a landlord and a tenant who has fallen behind on their payments. This agreement is also used for tenants who have been evicted if a court has ordered judgment for the landlord in the amount of rent remaining on the lease agreement.
A demand letter for payment is an official notice that informs another party of a payment request. The demand will describe the source of the debt along with a breakdown of its calculation.
A vehicle payment plan agreement is a contract between a buyer and seller of a vehicle that agrees to installment payments. Since the seller is providing the financing, both parties must agree to the downpayment, interest rate, and the payment period.
PAYMENT PLAN (INSTALLMENT) AGREEMENT. I. THE PARTIES. This Payment Installment Agreement (“Agreement”) made this _____________________, 20____ (“Effective Date”), is by and between: Creditor: _____________________ with a mailing address of __________________________________________ (“Creditor”).
A debt settlement offer is a legal document that proposes a new arrangement to resolve a debt. Generally, the debtor sends this letter to suggest a one-time payment, which is less than the full amount owed, in exchange for the creditor forgiving the remaining balance.
A medical payment plan agreement is for a patient who has received health care services and agrees to pay their balance over a period of time. A medical payment plan usually does not have interest attributed to the amount owed unless the balance goes unpaid and is forwarded to a collection agency.
A dental payment plan agreement is for patients who have had work done on their teeth and agree to pay over time. The agreement binds the dental office and patient to a payment schedule that is often paid weekly or monthly.