Instalment agreement between private individuals (Austria)
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This document is in German
The PDF you download is in German — that is the language it has to be filed in, so it is not translated. Everything on this page is here to tell you what it says.
An instalment agreement for an unpaid debt between private individuals in Austria: the debtor acknowledges the sum — which interrupts limitation (§ 1497 of the Austrian Civil Code, ABGB) — and the creditor allows monthly instalments, with the account, interest or none, and acceleration if payments fall behind. Private creditors only: a business granting a consumer time to pay may be giving consumer credit, from 20.11.2026 under the VKrG 2026. Between spouses or registered partners valid only as a notarial deed (§ 1 Abs 1 lit b NotAktsG). In German, signed by both.
What you fill in
The details the document asks for.
- Creditor
- Creditor's academic degree (if any)
- Creditor's date of birth
- Creditor's address
- Debtor
- Debtor's academic degree (if any)
- Debtor's date of birth
- Debtor's address
- Amount due
- Amount in words
- As of date
- Basis of the obligation
- Number of instalments
- Amount of each monthly instalment
- Due date of the first instalment
- IBAN
- Interest while the instalments run
- Days in default
- Are the parties married to each other or registered partners?
- City
- Date
Preview
This document is produced for you. Your answers are typed into it and the finished PDF is yours to keep.
Common questions
- Why is this instalment agreement in Austria for private creditors only?
- Because instalments a business grants a consumer can count as a deferred payment under consumer-credit law. The VKrG 2026 (BGBl. I Nr. 36/2026) covers, for contracts from 20.11.2026, some deferrals without interest or fees too, with duties of its own for the lender. A shop, a tradesperson or a collection agency therefore needs other paperwork; this agreement is written for debts between private individuals, and both sides confirm in it that they act privately.
- What does the acknowledgement in an instalment agreement do under Austrian law?
- In it the debtor confirms the cause and amount of the debt. That interrupts limitation (§ 1497 ABGB), and if the debtor later disputes the debt, the debtor has to prove that it does not exist or not in that amount. No duty arises on acknowledging an undisputed debt; if the claim is disputed and both sides make concessions, that is a settlement (§ 33 TP 20 GebG), for which there is the out-of-court settlement. Between spouses or registered partners such an acknowledgement is valid only as a notarial deed (§ 1 Abs 1 lit b NotAktsG, § 43 EPG), so the agreement asks about it.
- What happens in Austria if an agreed instalment is not paid?
- Under this agreement the whole remaining balance falls due if an instalment is overdue by more than the agreed number of days and the arrears are not paid within two weeks of a written reminder either (acceleration). Late amounts carry default interest at 4% a year (§ 1000 ABGB). If the debtor still does not pay, the next step is the Mahnklage: for money claims up to €75,000 the court issues a payment order (Zahlungsbefehl, § 244 ZPO).
How you can sign this document
- Print it and sign by hand. The signature lines in the document are left blank on purpose — sign on them in ink.
- Sign it yourself with a qualified electronic signature. If you already hold a QES — Evrotrust, B-Trust, StampIT, ZealiD or any qualified provider on the EU Trusted List, on a card, a USB token, in a mobile app or in the cloud — our signing guide explains step by step how to sign this exact file without invalidating it. Step-by-step help, and a way to check it worked
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