Sec 57 Admission of Liability and Undertaking to pay Debt in InstalmentsIf after delivering letter of demand issuing a summons a debtor admits the debt and offers to pay in instalments a debtor can be requested to sign. This Sec 57 Admission of Liability and Undertaking to pay Debt template in Instalments in terms of the Magistrates Court Act. If the debtor fails to carry out the terms of his offer the plaintiff will be entitled without notice to apply for judgment of outstanding amounts.
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Sec 57 Admission of Liability and Undertaking to pay Debt in Instalments