What Happens to Me if I have a Delinquent Account and Do Not Respond to the Letters or the Collection Attorney?

The goal of every association is to preserve the value of the community’s assets and the property values for each homeowner. When assessments go unpaid, homeowners are negatively impacted because the financial responsibilities of the community are equally shared among all neighbors. Delinquent accounts can mean unpaid bills which puts the community in jeopardy. Rules and regulations in the community can dictate large fines for compliance issues and delinquent accounts.