Lazarus, when cherokee let's u put a can on layaway, do u have to pay it off before the form 4 is submitted? I know pay the 200 of course.
You put your 25% down on the item and pay your $200 tax and they submit the paperwork. Its normal layaway terms of 90 days, usually the approval takes longer than that so you'll have to pay it off before you get the stamp. Still not a bad way to break it up since you have to wait anyways.