In challenging times like these, with people losing their jobs and more economic hardships expanding all around, we can almost certainly expect to see a rise in delinquent assessments in our HOAs and condo associations. For those of us who were around during the 2008...
Not only are we facing an unprecedented outbreak and restrictions put on us like never before, but associations still have to remain well maintained and owners still have to pay dues. So, how do you handle delinquency during the pandemic? We recommend compassionate...
In short, there are two main ways that a community association in Florida can handle bad debt – either a direct write-off of the entire amount of the uncollectible debt or an allowance of bad debt for a portion of the outstanding balance is written off using a...
In the case of delinquency or bad debt from residents in your community association in South Florida, you have rights and you have options. The first thing to note is the order of escalation, depending on the situation, which is as follows: 1. Check your declaration...
