Distribution of Statement | Due Date | First Reminder Letter | Second Reminder Letter | First Legal Notice | Second Legal Notice | Disconnection Letter |
---|---|---|---|---|---|---|
15th day of the month |
Every 30th of the month
---------- Late payment shall bear penalty equivalent to 2% per month. |
7th of the succeeding bill month
---------- It shall contain a reminder that the unit owner is given a period of seven (7) days from receipt of the letter within which to settle payment inclusive of the penalty. |
Every 14th of succeeding bill month
---------- It shall contain a reminder that the unit owner is given a period of seven (7) days from receipt of the letter within which to settle payment inclusive of the 2% penalty. |
The account is twenty one (21) days
overdue
---------- First demand letter. |
The account reaches thirty (30)
days overdue
---------- Last and final demand. |
The account reaches sixty (60) days
overdue
---------- Shall be issued by the Condo Corp's legal counsel and sent to delinquent accounts. The Notice shall contain a warning that the Condo Corp shall be constrained to disconnect his/her utilities and withhold his/her security and maintenance services, which shall be effected any time after three (3) days from receipt of the letter. The Notice shall likewise contain a warning that the Condo Corp may resort to a possible legal action in the event of non-payment. |
Cut Off Date | Distribution of Billing | Due Date | Disconnection Notice | Actual Disconnection | Reconnection |
---|---|---|---|---|---|
10th day of every month |
15th day of the month
or Succeeding day if date falls on a Holiday or Sunday |
30th day of the month
or Succeeding day if date falls on a Holiday or Sunday |
1st day of the succeeding month
or Succeeding day if date falls on a Holiday or Sunday |
4th day of the succeeding month
(9:00AM - 6:00PM) or Succeeding day if date falls on a Holiday or Sunday |
Upon full settlement of reconnection fee or PhP 1,000.00 and outstanding balance if unit |