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...
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