Installment plan
Glossary
An instalment plan is an agreement whereby a debtor repays a debt in instalments, typically monthly. The plan is usually set out in writing and provides clarity and legal security. If complied with, interest may be frozen; if not, the plan lapses and the full amount becomes immediately due.
Updated: 27/02/2026
The definitions presented in this section reflect the Belgian context, unless stated otherwise. The texts are intended to summarise the concepts in everyday language and should not be regarded as exhaustive or definitive. Suggestions or adjustments may always be sent to glossary@tcm.be.
Glossary
Our Partners
We are recommended by the following Belgian business federations
