Form 123 Offer to Settle Costs - British Columbia, Canada

Form 123 Offer to Settle Costs in British Columbia, Canada is used in the legal system as a way to propose a settlement on the costs of a legal case. It allows parties to make an offer to settle on the issue of who will pay the legal costs associated with the case.

In British Columbia, Canada, the person making the offer to settle costs would file the Form 123.

FAQ

Q: What is Form 123 Offer to Settle Costs?A: Form 123 Offer to Settle Costs is a legal document used in British Columbia, Canada.

Q: When is Form 123 Offer to Settle Costs used?A: Form 123 Offer to Settle Costs is used when parties in a legal case want to propose a settlement regarding the payment of costs.

Q: Why should I use Form 123 Offer to Settle Costs?A: Using Form 123 Offer to Settle Costs can help parties in a legal case reach a settlement regarding the payment of costs without going to trial.

Q: How do I fill out Form 123 Offer to Settle Costs?A: You need to provide your name, the opposing party's name, the amount being offered to settle costs, and the time frame within which the offer is valid.

Q: Is Form 123 Offer to Settle Costs legally binding?A: No, Form 123 Offer to Settle Costs is not legally binding. It is only a proposal for settlement and does not guarantee acceptance or enforcement.

Q: What happens if my Form 123 Offer to Settle Costs is accepted?A: If your Form 123 Offer to Settle Costs is accepted, the opposing party will agree to pay the offered amount, and the matter regarding costs will be resolved.

Q: What happens if my Form 123 Offer to Settle Costs is rejected?A: If your Form 123 Offer to Settle Costs is rejected, the opposing party does not agree to the proposed settlement, and the matter regarding costs may proceed to trial.

Q: Can I make multiple Form 123 Offers to Settle Costs?A: Yes, you can make multiple Form 123 Offers to Settle Costs at different stages of the legal case, as long as they are within a reasonable time frame.

Q: Can I withdraw my Form 123 Offer to Settle Costs?A: Yes, you can withdraw your Form 123 Offer to Settle Costs at any time before it is accepted by the opposing party.