Sample Petition Requesting Dues Debt Instalment (Payment Plan)

Why Is Instalment Important?

An owner who cannot pay accumulated dues at once, instead of remaining silent, both shows good faith and can prevent the enforcement/lawsuit process by proposing an instalment payment plan to management in writing. Management also guarantees the collection. This is a reasonable solution for both parties; however, management's acceptance and, if possible, assembly approval are required.

Elements of the Petition

• Addressee (management) and debtor owner information
• Amount and period of the debt
• Proposed payment plan (number, amount and dates of instalments)
• Statement of good faith and payment commitment

Copyable Instalment Request Petition (Full Text)

……………………… APARTMENT / RESIDENTIAL COMPLEX
TO THE MANAGEMENT

Subject: This is a request for the instalment (payment plan) of my accumulated dues debt.

I am the owner of independent unit No. …… in ……………………… Apartment/Complex. I have a total dues debt of ………… TRY for the ……………… (period). Due to the ……………… (temporary financial difficulty) I am experiencing, I cannot pay this amount at once.

I undertake to pay my debt within the following plan:

– 1st Instalment: ……… TRY — …/…/20…
– 2nd Instalment: ……… TRY — …/…/20…
– 3rd Instalment: ……… TRY — …/…/20…
(The plan can be adjusted as needed.)

I respectfully request that the said payment plan be accepted and that enforcement proceedings not be started against me during this process. I declare that I will fulfil my payments in accordance with the plan. …/…/20…

Name Surname: ………………   Unit No: ……   Signature: ………

Filling Guide

Write the debt amount and the plan you propose clearly; a realistic plan increases the chance of acceptance. Management's acceptance of the plan is the security of the collection, but management may request assembly approval. If the plan is accepted, have it approved in writing and make the payments on time; otherwise the instalment may be terminated.

After the Request

If management accepts the plan, the payments are made according to the plan and the enforcement process does not operate. We covered the collection and delay topics in our late dues and FIFO article, collection methods in our collection methods article, and the enforcement process for unpaid debt in our enforcement proceedings article.

Common Mistakes

• Unrealistic plan: Do not propose a plan you cannot pay.
• Not getting written approval: Have the accepted plan approved in writing.
• Remaining silent: Ignoring the debt speeds up the enforcement process; communication is better.

This content and template are for information purposes only, as examples. Adapt to your specific situation.