The Official Offer needs to be in your Hand writing not printed from a computer!
Official Offer
To (bank) by (person) to now operate on account (12345) $x0.00 effected monthly as satisfaction on all account demand/obligations.
Signed By:(Person)
Rear of paper .... written at an angle across the page OFFICIAL OFFER
(Important do not use a paper clip or any kind of sticky Tape)
Staple STAPLE STAPLE STAPLE (ULTRA IMPORTANT) Cheque made payable to (BANK)
If you get no response then you may presume your official offer has been accepted ... If that is so, the cheques (postal order, Standing order, cash lodgement) keep going in to effect performance on the contract. No matter what anyone tells you once you begin this process do not stop it ... ALWAYS PERFORM.
If a response comes ... Look at it very carefully. This is where they may try to shift you away from your official offer. In an attempt to get their counter offer in place ... If responded to carefully this cannot happen ...
Go check the 7 elements of contract .. pay particular attention to acceptance ....
Kind Regards
Vincent Byrne
Official Offer Made Simple
If you have used the 'official Offer' process and are now reading these improvements. You can add these elements in, at any time as you see fit. These new elements have come about as more individuals participate and make suggestions over time. At all levels, the use of Logic and reason prevail.
All additions to the Official Offer can be used to adapt existing official Offers. Regardless of how long ago you may have begun. We ask, that you share the Official Offer site with as many people as you can, that you believe may find it helpful, even if just for research or understanding.
Element 1. A row of Ducks.
We have all heard the phrase 'To get your ducks in a row'. Okay, so lets do that.
The relevance of this section is to address any and all issues that may arise. Prior to the 'Bank' seeking information from you, that if not provided The 'Bank'
may attempt to use against you in Court. By suggesting to the Judge that you have been 'Uncooperative' . The forming of a row of your own 'Ducks' may in fact be used by you, to suggest the 'Bank' is the one being uncooperative. So how does one do that? See below.
Provide the 'Bank' with full information. When you make your Official Offer. Send in an accurate Incoming and outgoing statement of the finance available to you on a weekly/monthly basis. Click here for example
Inform the 'Bank' of any potential changes to this Statement of Finances such as 'Starting a new Job, Getting laid off (provide dates).
Be sure to include ALL of your outgoings and make sure your Offer is a realistic one.
Include in your outgoings any donations you make to Charity or the Church. (We have been told by a retired Judge, that such Donations are held in high regard, and should be maintained)
If you have not been keeping receipts for incoming or outgoings. Start doing so now. Provide either a copy of these or make sure they are available if the 'Bank' requests them.
Element 2. Winners should be generous.
This might seem like an odd element to include, but there is good reason for it. The reason is simple and elegant. Included in your Official Offer to the 'Bank' should be an offer regarding any and all 'Windfalls' that may come your way. such as, an unexpected inheritance, a friend might gift you a winning lottery ticket or you may be offered a new position of employment that vastly improves your ability to perform on your obligations to the 'Bank'. By including this element you are demonstrating to the Judge that you take this situation seriously and are prepared to hand over the lion share of such windfalls to the 'Bank'. This will assist the Judge in making a determination of your good character and will stand to you.
Element 3. Communication, Communication, Communication.
Yes indeed, communication. Place all of your communications on paper ONLY!
Phone calls always seem to work out in favour of the 'Bank'. A wise man once said to me "If you have two questions for a 'Bank' then you write two separate letters to them". This I have found to be sage advice over the years.
The reason again is simple. A simple, yet well worded single question if not responded to or addressed correctly by the 'Bank' can be to your advantage in a Court. You can re-send the question again and seek an answer to it. Failure by the 'Bank' to respond to this/these question/s can demonstrate to the Court your willingness to provide RELIEF and the 'Banks' unwillingness to Cooperate with you.
Element 4. Unfinished and edits may be made...to all of the above.
The new improved 'Official Offer' will not impair any 'Official Offer' created to date. In fact even, if you have used the original 'Official Offer' and you have had a Mortgage account 'Transferred' to another lender. The improved version allows for potential historical remedy.
So as you can see, the wording has been altered to allow for what has come to be known as the 'Switcharoo' (When a Mortgage provider switches to another Bank eg. Bank of X to Bank of Y lacking your full awareness and consent).
Ergo, the following text has been added; 'pending verified obligation of such performance'.
Very important! the 'Official Offer' should be in your hand writing and using carbon paper to produce a duplicate for your records. On the rear of your 'Official Offer' the words 'Official Offer' should be written in large letters across the paper on the rear.
Then your chosen form of consideration (Cheque,Postal order,Bank draft or Cash etc.) should be stapled (THIS IS VERY IMPORTANT) to your offer, and sent by registered mail.
So in other words, what is now on offer to either the original Bank or the present one. Is an effective payment that meets the requirements of the 'Seven elements of Contract Law', and leaves the door open to you to address any issues you desire in the future.
What this means is, the 'Switcharoo' official offer can be used even where no 'Switcharoo' has occurred.
If you have an 'Official Offer' in place and no switcharoo has occurred. Your position will remain unaffected. If you are unsure. Creating an 'Official Offer' in the above manner and putting it in place, can have no negative effect, on your existing position.