Arrears Repayment Agreement Template for Ireland

1. Security: Include when there is specific security or collateral associated with the debt

2. Interest Rate Provisions: Include when there are specific arrangements regarding interest charges or variations

3. Early Repayment: Include when early repayment options are available and any associated terms

4. Third Party Guarantor: Include when a guarantor is involved in the repayment arrangement

5. Debt Write-Off Provisions: Include when part of the debt may be written off subject to compliance with the repayment schedule

6. Review Period: Include when the agreement will be subject to periodic review or adjustment

7. Financial Hardship Provisions: Include when specific provisions for handling future financial hardship are agreed

1. Schedule 1 - Repayment Schedule: Detailed breakdown of payment dates and amounts

2. Schedule 2 - Original Debt Documentation: Copies or details of the original credit agreement and relevant correspondence

3. Schedule 3 - Statement of Affairs: Current financial statement of the debtor (if relevant)

4. Appendix A - Direct Debit Mandate: Form for setting up automatic payments (if applicable)

5. Appendix B - Income and Expenditure Statement: Detailed breakdown of debtor's current income and expenditure