Late HOA Fee charge

[Bali Hai Again]

In other words, you enter into a contract to have a service performed with prompt payment expected, and then, after the other party fulfills their part of the contract, you breach yours.

EDIT: I totally get why you do it, and I don't even blame you particularly...I'm just restating what you're doing

When I get a bill 6 months after a medical procedure that was represented to be paid by my insurance, I need time to contact the insurance and have them investigate the matter with the biller. In fact I had no responsibility to pay that bill. These things take time. If the biller waits 6 months to send a bill that I am responsible for, they can wait another 3 or 4 months to get paid in full.

 

[Zigner]

When I get a bill 6 months after a medical procedure that was represented to be paid by my insurance, I need time to contact the insurance and have them investigate the matter with the biller. In fact I had no responsibility to pay that bill. These things take time. If the biller waits 6 months to send a bill that I am responsible for, they can wait another 3 or 4 months to get paid in full.

I get it

 

[quincy]

Since there are usually no interest or late payments associated with medical bills, I make them wait 3 or 4 months before I pay the ”full amount” from the time they sent the bill demanding “payment in full”. There is a lot of sabre rattling on their part during that period. The medical profession is very efficient at billing and double billing.

Certainly there are arguments for and against paying promptly when you receive a bill with no explicit due date. Medical bills are frequently referred to collections, however, when the bills are ignored for too long.

Whether the association will take any action against draco for not paying the association fees in a timely manner has already been established. Late fees were assessed. He will want to avoid late charges in the future by learning exactly how the association billing works.

Trying to get excused/refunded the late charge he did receive is probably best resolved through continued negotiations with the association.

 

[LdiJ]

It is called “due on receipt” but that simply means you are expected to mail the payment or initiate a form of payment on that date.

The following link is to an Intuit Quickbooks article about “due on receipt” billing (this is not an endorsement, just a good explanation):

https://quickbooks.intuit.com/r/invoicing/invoice-due-upon-receipt/

Have you never received a medical office bill like that?

That is not the same as a bill being due the same day it is dated.

 

[quincy]

That is not the same as a bill being due the same day it is dated.

I know that.

But it is called “due upon receipt.”

 

[LdiJ]

I know that.

But it is called “due upon receipt.”

Sorry, but I don't get what you are saying. That's ok, lets just agree to disagree.

 

[quincy]

Sorry, but I don't get what you are saying. That's ok, lets just agree to disagree.

I have no idea with what you are disagreeing. But I am more than happy to end this back-and-forth.

 

[draco]

Thanks for the info and suggestions.

Yes, I intend to pay the late fee and make sure I pay earlier from now on.

The bill or reminder doesn't say "due upon receipt" or anything like that. I still need to go through the HOA contract.

We're having an HOA meeting soon. I'll try to get a minute with one of the board members and ask them about it. Give me a chance to also mention that the new representative from the management company that handles our Association is bad at responding to emails and questions.

 

[quincy]

Thanks for the info and suggestions.

Yes, I intend to pay the late fee and make sure I pay earlier from now on.

The bill or reminder doesn't say "due upon receipt" or anything like that. I still need to go through the HOA contract.

We're having an HOA meeting soon. I'll try to get a minute with one of the board members and ask them about it. Give me a chance to also mention that the new representative from the management company that handles our Association is bad at responding to emails and questions.

I think speaking with the HOA board members at the Board meeting is the best way to get the clarification you seek. Good luck.

 

[Bali Hai Again]

Thanks for the info and suggestions.

Yes, I intend to pay the late fee and make sure I pay earlier from now on.

The bill or reminder doesn't say "due upon receipt" or anything like that. I still need to go through the HOA contract.

We're having an HOA meeting soon. I'll try to get a minute with one of the board members and ask them about it. Give me a chance to also mention that the new representative from the management company that handles our Association is bad at responding to emails and questions.

Another thing you might want to verify is that ACH withdrawals from your account take 2-3 business days. Using “bill pay” is actually an ACH withdrawal and will take the same amount of time. At least that is true for my bank.

 

[quincy]

Another thing you might want to verify is that ACH withdrawals from your account take 2-3 business days. Using “bill pay” is actually an ACH withdrawal and will take the same amount of time. At least that is true for my bank.

Scheduling payments well in advance of the due date is wise and advised.