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Notice for Delinquent Payers

welcome By: Elena Grace Flores
Homeowners’ Association Dues are not easy to collect if there’s no disciplinary actions in place. People have different mentalities and attitudes thus needing a stronger management authority. This will not be possible if  the officers of the association have no financial capabilities or know-how in imposing penalties. Here’s a sample for such notice for delinquent payers:


Dear ___________________,

Regretting to inform you that despite our treasurer’s efforts in reminding you to pay your Association monthly dues on time and the submission of previous collection letter, you remained to be a DELINQUENT payer in our village all this time. TAKE NOTICE that according to our records the sum of ______________ is overdue for payment from ___________ to ___________ at ____ Pesos only per month.  Unless payment is made to the above claim within seven days, DISCPLINARY actions to recover the debts will be taken against you without further notice. The following legal procedure will follow:

  1. Publishing of Names for DELINQUENT PAYERS online via our web page will take effect immediately when this notice is ignored after the 7th day from date of notice
  2. Posting of Names for DELINQUENT PAYERS will be displayed at the village’s entrance one month after the web listing
  3. Issuance of Final Demand Letter for the amount owed, interest and mall Claims Fee
  4. Small Claims Court Proceedings will be filed in the Justice Department, Municipal Hall before the next Fiscal Year (this will affect your credit rating when ignored)

Please note that cleanliness, security and orderliness are our main objectives in requiring homeowners to pay their dues promptly – and it is necessary to take these actions as lawfully as possible to be fair to those who do!

You may submit a “Promissory Note” if financial difficulties are hindering you from fulfilling your obligations to our community.

Sincerely yours,

The above proceedings are necessary to be fair to those who comply with the HOA’s policies. If the concerned delinquent payer play it hard in the end, it’s his or her reputation that is on the line. Aside from lowering down his or her credit rating, this can be a proof that he or she is an undesirable neighbor that can be a ground for general petition for eviction – at the same time, these steps are not only legally binding but also very considerate to those who have temporary financial difficulties. This is how the association can be strict for the welfare of the community but with compassion to those who need it!

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How to Save Up to Buy your Child a Car

welcome By: Elena Grace Flores Money is essential for everyday living and if you are thinking of buying your child a car, you may have to sacrifice a bit of your leisure or even lower down your lifestyle. Bear in mind also that it’s dangerous to buy one without a comprehensive insurance – for your peace of mind at least! If you really are determined to provide your child’s transport necessity that would equip him or her for future financial independence while finishing college or pursuing a career, head on to these tips:

1) Be practical in choosing a college or university for your child. There are government schools that provide the best curriculum and facilities to above average students. So, challenge your child to get a slot from these institutions and maintain at least a B average grade or equivalent. You probably did not know yet that car insurance discounts are offered to students with good grades. Although this depends on your location.
2) Choose a reputable driving school to learn driving from. Car and auto insurance promotions are normally distributed through recognized driving schools. Their operators are also given incentives to promote and sell. They are motivated by recommending buyers that can be legible for the highest discounts offered. So, take advantage with this kind of marketing strategy.

3) Delay the wants and prioritize the needs only until your savings are sufficient enough to buy a car. Pay only for the basic needs like food, home mortgage or rental, non-signature clothing and utility bills. Avoid dining out and be selective in giving out parties if you can’t help not organizing one. Most of all, teach your child the essence of defensive driving so that you will be safe from higher insurance rates when you renew the car insurance.
4) Select only one insurance provider for your family’s needs. Most insurance companies provide car, home and any other types of insurance. Loyalty discounts can be availed in most cases. At least 20 to 25% off are provided to loyal insurance buyers.
5) Follow traffic rules and drive carefully. You too can save up on traffic violation tickets or 3rd party damages if you do not hit your neighbor’s fence and make sure to extend these cautions to your driving child. You can’t just avoid hassles by being obedient and contained but also saves some money for that new car you’ve been wanting for your child.

You see, while trying to save to buy a car for your child, you can also save up for the car insurance that must go with buying the car. Most importantly, you can also have the privilege of teaching your child how to value your gift by following the safety precautions while on the road. Mind you, it’s not only the car that is spared from damages but also your child’s precious life!

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