I am considering offering Payplan a full and final settlement.

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jason843
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by jason843 » Thu Jan 31, 2019 10:06 am
I am considering offering Payplan a full and final settlement.
I have advised that it would be a family paying this off. They have advised they would need to see a bank statement showing proof of the funds which is fine but does it matter that this family member would be taking out a loan to raise the money ? obviously I can't take a loan out to settle it but do they need to know how the money is raised by my family ?
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MerlinL14
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by MerlinL14 » Thu Jan 31, 2019 11:55 am
I don't think it would make any difference how the family member raises the funds, as long as you can demonstrate to your IP that the money is indeed in that family members account.
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Foggy
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by Foggy » Thu Jan 31, 2019 12:00 pm
Your family member's finances, apart from proving the funds are available, are of no concern to your IP.
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