Deferral of payment (henstand)

Also known as payment deferral, forbearance, extended payment terms, henstand, betalingsudsættelse, udsat betaling

A deferral of payment is an agreement to postpone payment to a later date — without the claim being reduced.

Key facts
Interest
Continues to accrue

In practice

A deferral is often the right answer to a temporary liquidity squeeze at an otherwise good customer. But agree it in writing, and agree what happens to the interest.

Keep an eye on the limitation period as well: a deferral does not in itself interrupt it. A written acknowledgement of the debt does — so ask for one while you are granting the deferral anyway.

Where it commonly goes wrong

  • The deferral is granted verbally. You are then left with neither proof of the agreement nor an acknowledgement of the debt.
  • The deferral is granted without a new due date. “Come back when you can” is not an agreement — it is a claim nobody follows up.
  • The same customer is granted deferral again and again. The second time it stops being an exception and becomes your new payment terms.
Put the deferral in writingWith a new due date, so the deadline does not simply slip
  • 30 days free
  • No payment card
  • One day's notice