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COLLECTIONS

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COLLECTIONS

COLLECTIONS

❑ 1st Notice of Delinquency Letter – sent when a members account goes over 30 days past due.

❑ 2nd Notice of Delinquency Letter – sent when a member’s account goes over 60 days past due.

❑ 3rd / Final Notice of Delinquency Letter – sent when a member’s account goes over 90 days past due.

❑ Referred to Club attorneys for collection when a member’s account goes beyond 90 days past due, without any payment or payment plan established.

❑ Attorney sends a Dunning Letter to the member as first notice of legal action to collect the debt.

❑ Board determines based upon the amount outstanding and the circumstances at hand (e.g., liens on property, judgments, bankruptcy, other assets) if they wish to pursue the debt by filing a Summons and Complaint.

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