Preview · page 1Anyone owed money: freelancers, suppliers, landlords, lenders between friends or family
Acknowledgement of Debt (AOD)
Turn an unpaid invoice into a signed admission of debt with a payment plan — and stop the 3-year prescription clock.
Quick answer
A acknowledgement of debt (aod) is a written agreement used by anyone owed money: freelancers, suppliers, landlords, lenders between friends or family in South Africa. This template covers admission of the full debt, interrupts 3-year prescription (prescription act), monthly instalment plan, full amount due if one payment is missed and more, drafted with POPIA, the CPA and the ECT Act in mind.
R199
Free live preview · filled Word + PDF · reuse forever
Sign and send: fill it in, pay once, then sign online and email it to the other side to sign back. Included free.
Or get any 3 for R399 · all 28 for R599
What's inside
- 01Admission of the full debt
- 02Interrupts 3-year prescription (Prescription Act)
- 03Monthly instalment plan
- 04Full amount due if one payment is missed
- 05Interest on arrears
- 06Certificate of balance as proof
- 07No waiver of the creditor's rights
- 08POPIA clause
Good to know
Why does an AOD matter?+
A signed AOD interrupts prescription — without it, most debts prescribe (become unenforceable) after 3 years.
Can I add interest?+
Yes, at the prescribed rate, and the template says so.
Is this legal advice?+
No. It's a professionally structured starting point. For high-value or unusual deals, have an attorney review your completed document.
