Third party offer

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glyn
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by glyn » Mon Oct 15, 2018 8:19 pm
once you make a third party offer do you still have to make payments into your IVA until you receive their answer
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kallis3
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by kallis3 » Mon Oct 15, 2018 8:37 pm
What is your 3rd party offer?
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Foggy
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by Foggy » Tue Oct 16, 2018 6:39 am
Unless you agree a break with your IP, yes. If you are concerned about the amount being paid, in the end, being increased by interim payments you can make a condition in the offer along the lines that "payments after [date] will be deducted from the lump sum offered".
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Lisa Thomas
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by Lisa Thomas » Tue Oct 16, 2018 8:33 am
Hopefully you worded the offer to say that any contributions paid in the meantime will be deducted from the ump sum.
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