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Board considers Payment Plan Policy

posted May 25, 2013, 4:03 PM by Glenn Olson
Board begins consideration of a Payment Plan Policy for delinquent owner accounts. 

The Board of Directors began consideration of a Payment Plan Policy as required by the Texas Property Code. The plan is designed to meet the requirements of state law, while administering collection practices consistently and uniformly to all affected property owners. Too, it seeks to curb rising delinquent debt without incurring additional penalties. The draft policy will be more fully presented and discussed at the next board meeting scheduled for June 27th.  All homeowners are invited to attend and offer contributions to this policy. 

You can read the proposed draft policy here.