Payment Plans Authorization

Pacific Association Collections (PAC) encourages Associations to consider reasonable payment plans. PAC generally does not recommend that Associations reduce the amount that is owed, waive any fees or costs, or accept a payment plan that is longer than twenty-four months in duration since payment plan arrangements can be renewed. Association authorizes PAC to submit up to twenty-four month payment plans to all delinquent Owners who do not dispute the debt to the Association. The Association instructs PAC to require that the Owner agree to the terms of our standard payment plan agreement, terms, and conditions.

The Board acknowledges that the California Court of Appeal has held that an Owner may make partial payments, which must be accepted by Associations though such payment(s) are not pursuant to the terms of a payment plan agreement.

The undersigned members of the Board of Directors of

_____________________________________________have read these instructions, and agree to comply with them.

 

___________________________          ___________________________                  ___________________________ 
Print Name of Director                             Print Name of Director                                    Print Name of Director

___________________________           ___________________________                 ___________________________
Signature                                                 Signature                                                        Signature

___________________________           ___________________________               ___________________________
Date                                                         Date                                                              Date

 

 

 

Pacific Association Collections

818-991-5200