Payment Plan Agreement — Put the Repayment Plan in Writing.
They agreed to pay over time? Turn that verbal promise into a clear written agreement. Instalment schedule, due dates, default terms — all documented. Flat fee: $79 AUD.
When You Need a Payment Plan Agreement
- Someone owes you money and has agreed to pay in instalments
- A debtor has asked for more time to pay after receiving a demand
- You have negotiated a repayment arrangement and want it in writing
- You want clear due dates, amounts, and consequences for missed payments
- A verbal agreement needs to be formalised before you can rely on it
- You need a written record to support future recovery if payments stop
- No subscription
- Ready within 60 minutes
- All 8 Australian states
- Secure 256-bit encrypted
How This Service Works
Everything you need to know before you start.
Not sure if this is the right service for you?
Contact SupportFrom Evidence to Document in 4 Steps
Enter the Payment Terms
Tell us the total amount, instalment count, frequency, dates, and payment method. Plain English — we structure the agreement.
Set Default Consequences
Choose what happens if a payment is missed — acceleration, grace period, right to resume recovery. We draft it cautiously.
AI Drafts the Agreement
Our AI prepares a professional payment plan agreement with a clear schedule table, default provisions, and signature blocks.
Both Parties Sign
Download the PDF, share with the other party, both sign. Payment dates are locked in.
What Claim Done Delivers
- Formal Payment Plan Agreement drafted from your terms
- Clear instalment schedule with dates and amounts
- Deposit/upfront payment terms if applicable
- Payment method details documented
- Default provisions — what happens if a payment is missed
- Grace period and acceleration clauses where selected
- Completion terms — what happens when all payments are made
- Signature blocks for both parties
Everything About Payment Plan Agreement
What is a payment plan agreement?
A payment plan agreement records an arrangement for one party to pay money to the other over time. It sets out amounts, due dates, payment methods, and default consequences.
Can this be used after a letter of demand?
Yes. A payment plan agreement is commonly used after a demand when the debtor agrees to pay but needs time.
What if a payment is missed?
The agreement can include default provisions — acceleration of the full balance, grace periods, or the right to resume recovery action.
Should I also get a deed of settlement?
If the payment plan is intended to fully resolve a dispute, a Deed of Settlement ($79 AUD) provides stronger legal protection. It formally releases claims once all payments are complete.
Do both parties need to sign?
Yes. Both the payer and recipient should sign the agreement for it to be effective.
Ready to Get Started?
It takes under 10 minutes. Your Payment Plan Agreement will be sent within the hour.
Begin Document — $79 →