Acknowledgement of Debt

An Acknowledgement of Debt ("AoD") is written confirmation by a debtor of his/her indebtedness to a creditor, which records the terms for repayment of the debt and interest (if applicable), and may be used for a liquidated or unliquidated claim.

If the debtor acknowledges debt for an unliquidated claim the claim becomes liquidated because an AoD constitutes a liquid document.

In the event of litigation for debt recovery, an AoD may allow for a faster and effective solution as the creditor may apply for a summary judgment, provisional sentence or Section 57 and 58 procedure may be applicable.


Please take a quick look at the following information that you may need to complete the interview:
  • Particulars for Debtor(s) and Creditor(s) – full name, identity/passport/registration number and address.
  • If any of the parties are juristic persons, the entity’s full name and registration number, together with the particulars of their representatives.
  • Amount of the debt.
  • Terms of payment and including interest rate (if applicable).