Promise To Pay Agreement Template for Ireland

1. Security: Include when the debt is secured by specific assets or guarantees

2. Early Payment Provisions: Include when early payment discounts or terms are offered

3. Assignment: Include when either party may need to transfer rights under the agreement

4. Force Majeure: Include for longer-term payment arrangements where external events might affect payment ability

5. Confidentiality: Include when parties wish to keep the agreement terms private

6. Debt Counselling Notice: Include when dealing with consumer debtors, providing information about debt counselling services

7. Joint and Several Liability: Include when there are multiple debtors responsible for the same debt

1. Schedule 1 - Payment Schedule: Detailed breakdown of payment dates, amounts, and running balance

2. Schedule 2 - Original Debt Documentation: Copies or details of the original agreements or invoices creating the debt

3. Schedule 3 - Security Details: If applicable, details of any security or collateral provided

4. Appendix A - Statement of Current Account: Current statement showing debt balance and any accrued interest

5. Appendix B - Direct Debit Mandate: If applicable, direct debit authorization forms and details