This Acknowledgement of Debt ("AOD") covers all the basics and more. As the Creditor, your rights are preserved. You should only allow your debtor to pay his debt in instalments, if he signs this AOD.
A limited preview of this AOD is available HERE
Acknowledgement of Debt
This contract does not constitute legal advice.
Botha Bezuidenhout Attorneys Inc. accepts no liability for any loss or damage caused whatsoever if this contract is used without obtaining legal advice from Botha Bezuidenhout Attorneys Inc.