Or "How $561.64 became $1721.64"...
Legal fees and costs can add up quickly. If your Association has to send an account to a collection attorney for delinquencies, all of the fees and costs incurred are charged back to the owner. Two months' of missed assessments could end up costing over $1,000 in fees and costs to recover. If you are having trouble paying your assessments, speak to your Board before they begin collection action. You may be able to work out a payment plan that will save you the cost of collection. If you do receive a 30-day notice (which will already cost you about $300 in fees and costs), take action before the notice expires to minimize additional charges.