I enquired about borrowing money from family to pay the 12 month extension off in one lump sum in order to exit the plan. Can I assume that the amount they can expect us to pay is just the equivalent of our usual monthly payments?
It should only take 5-6 weeks and they are duty bound to call the meetings etc in those timescales but this doesn't stop them form taking longer and you may find it doesn't make much difference with only 12 to go.
Any reason for wanting to close it down quicker?
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