Creditor proposal
An offer or set of terms put forward by or to a creditor to resolve a debt, usually involving payment amount, timing or security.
Related terms
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CVA proposal
The formal document setting out how a company proposes to compromise or repay debts under a Company Voluntary Arrangement.
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IVA proposal
The formal terms offered to creditors in an IVA, setting out payments, assets, contributions and how creditors would be treated.
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Payment proposal
An offer setting out how a debtor proposes to pay or settle a debt, including amount, timing and any conditions.
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