Does the Firm allow and provide repayment agreements to allow property owners to pay their delinquent accounts?
Yes. With prior authorization of our clients, we prepare and monitor repayment agreements. Repayment agreements (a/k/a “payment plans”) generally do not exceed 6 months duration (unless otherwise approved by the Client or “suggested by the Court” in litigation related cases). The repayment agreements are all done in writing signed by the property owner(s) and explain the ramifications of failing to comply with the terms of the written agreement. Further, the agreements cover the payment of prospective assessments which come due subsequent to the date of the agreement thereby facilitating continued payment by the owner directly to the Association of assessments as they come due.
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