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BEFORE THE PENNSYLVANIA PUBLIC UTILITY Commissioning Default Service Program for Citizens Electric Company of Lewis burg, PA and Hillsboro Electric Company for the Period June 1, 2015, Through May
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Joint default service program is a system in which multiple borrowers who have taken out a loan together can collectively arrange for the repayment of the loan in case of default.
All borrowers who have taken out a loan together and are part of the joint default service program are required to file the program.
The joint default service program can be filled out by providing all relevant information about the borrowers, details of the loan, and the repayment plan in case of default.
The purpose of joint default service program is to ensure that all borrowers who have taken out a loan together are collectively responsible for the repayment of the loan in case of default.
The joint default service program must include the names of all borrowers, details of the loan, the repayment plan in case of default, and any other relevant information.
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