Short answer
A written schedule should state outstanding principal, interest, each instalment’s date and allocation. Clarify whether the new schedule changes the obligation itself or only performance arrangements.
Practical example
The debtor pays GEL 500 monthly, but the parties disagree whether it covers principal or interest. A precise table reduces disputes.
What to do
Reconcile the balance, allocation order and payment details. Address late and early payment. If suretyship or mortgage security exists, check the impact of changes and necessary consent.
Legal basis
Georgian Civil Code — Articles 623, 625, 626, 387, 388, 893. Checked on 28 October 2026. The outcome depends on the contract, facts and evidence.
YURFIRMA can review your documents and help prepare the appropriate demand or agreement. Contact us.
This is general information and does not replace a legal assessment of your specific case. The current law and the relevant facts are checked again when you seek advice.