There should be a written installment agreement every time the court allows time payments.

• A. Not specified
• B. Not sure
• C. True
• D. False

Answer: (C)

When the court grants time payments, the arrangement should be captured in a written installment agreement. This document formalizes exactly how much is owed, when each payment is due, the total balance, any interest or penalties, and what happens if a payment is late or missed. A written agreement provides a clear, enforceable record that protects both the court and the debtor by eliminating ambiguity about terms. It also makes it easier to monitor compliance and to modify the plan if necessary, rather than relying on vague or oral promises. Therefore, the statement is true: there should be a written installment agreement every time the court allows time payments.