Lump sum offer

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simon.b

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Post by simon.b » Wed Jul 25, 2007 2:13 pm
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I'm in the process of making lump sum offers in the hop of settling my debt after a family member has offered to help me out with a lump sum. When comprising my income and expenditure, I'm including my repayment of this loan to my family member as part of my expenditure - I assume this will be agreeable to my creditors as if I hadn't been offered this help I'd be facing bankruptcy?
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Oliver

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Post by Oliver » Wed Jul 25, 2007 2:15 pm
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Yes you can argue that the loan will not be available if you do not have a budget in place to pay it back.

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Oliver

Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at: www.thomascharles.com/about_us.asp
Best Regards
Oliver
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simon.b

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Post by simon.b » Wed Jul 25, 2007 2:17 pm
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Thanks Oliver - that's exactly it but just wanted to check from you guys who are in the know...
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Oliver

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Post by Oliver » Wed Jul 25, 2007 2:17 pm
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No worries Simon.

Best Regards
Oliver

Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at: www.thomascharles.com/about_us.asp
Best Regards
Oliver
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