Payment Arrangement Proposal
Post Default Judgment
Date: 13 October 2025
Creditor/Legal Representative Name:
[Sefa]
[Byls Bridge Office Park,
Cnr Olievenhoutbosch Street & Jean Avenue,
Building 14, Block D,
11 Byls Bridge Boulevard
Highveld Extension 73
Centurion, 0157]
[012 748 9600]
[
[email protected]]
RE: ACKNOWLEDGEMENT OF INDEBTEDNESS AND PROPOSED REPAYMENT ARRANGEMENT
Account/Reference Number: [Your Account Number with the Creditor]
Court Case Number: [The specific Case Number associated with the Default Judgment]
Dear [Mr./Ms./Sir or Madam, or specific contact person if known],
I am writing to formally acknowledge the debt owed to [Sefa] arising from the recent Default
Judgment granted against me under the above-mentioned Case Number. I confirm and
accept my liability for the outstanding capital amount of approximately .
Financial Position and Good Faith
I sincerely regret the circumstances that led to the default judgment. [bad economy]
Despite my current financial constraints, I am committed to settling this debt in full and wish to
demonstrate my good faith by immediately commencing repayments.
Proposed Repayment Arrangement
Based on a thorough review of my monthly income and necessary expenditures, I am formally
proposing the following payment arrangement:
1. Commencement Date: I will begin the payment plan on [Start Date of First Payment].
2. Payment Amount: I propose a consistent monthly installment of . This amount is the
maximum I can realistically and sustainably commit to without compromising essential
living expenses.
3. Payment Frequency: Payments will be made monthly on or before the [Specific Day,
e.g., 25th] of each month.
4. Payment Method: Payments will be made via [Specify Payment Method, e.g., direct
EFT/stop order] to the account specified by your office.
I understand this arrangement may extend the repayment term. However, this commitment will
be upheld consistently to ensure the full amount, including all legally permissible interest and
costs, is liquidated over time.
Request for Confirmation
I kindly request that you accept this proposed arrangement in good faith and confirm your
agreement in writing within [e.g., 7 days] of the date of this letter.
Upon receipt of your written acceptance, I request assurance that your firm will suspend any
further legal enforcement action, including any pending Warrant of Execution or
emoluments attachment orders, provided that I adhere strictly to the agreed-upon repayment
schedule.
Please provide confirmation of acceptance and the official banking details to which these
installments should be directed.
Thank you for your understanding and cooperation in resolving this matter amicably.
Sincerely,
Vincent Sphiwe Makhoba
ID Number: 8406206132087
Contact Number: 0825117638
Email Address:
[email protected]
