If the Debtor wishes to pay off their debt, they may make a real offer to the Creditor of the money, documents, or movables that the Debtor is required to pay off in the Creditor's domicile. Such offer is made by an application submitted to the Case Management Office or to the President of the Court of First Instance, as the case may be, and it shall be served on the Creditor by the person making the notification. A report shall be prepared of such offer containing a statement of the offered item, the conditions of the offer, and whether the offer shall be accepted or rejected. The said offer may be made in the session before the Court without procedures if the person to whom the offer is made is present.
Interpretation and application must be checked against the official text and current version.
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