My question involves real estate located in the State of: CA
I was delinquent on one assessment because my bank failed to send the payment to the managing agent of the HOA. This was 2 years ago and therefore, today, the account has a significant amount of late charges and interest.
A significant component of the balance is recurring late charges every month!
I understand I have to pay interest every month but why pay late charges on late charges? Here is something I found on the web about this https://www.davis-stirling.com/HOME/...arges-Interest
The Board refuses to remove monthly recurring late charges (with malice) because of a neighborhood feud.
I do not want to go to small claims court and instead hire an attorney to sue the HOA and my questions are the following:
1- Will I prevail in this suit?
2- If I prevail, who pays my attorney fees?
I was delinquent on one assessment because my bank failed to send the payment to the managing agent of the HOA. This was 2 years ago and therefore, today, the account has a significant amount of late charges and interest.
A significant component of the balance is recurring late charges every month!
I understand I have to pay interest every month but why pay late charges on late charges? Here is something I found on the web about this https://www.davis-stirling.com/HOME/...arges-Interest
The Board refuses to remove monthly recurring late charges (with malice) because of a neighborhood feud.
I do not want to go to small claims court and instead hire an attorney to sue the HOA and my questions are the following:
1- Will I prevail in this suit?
2- If I prevail, who pays my attorney fees?
Homeowners Associations: Recurring Late Charges on One Delinquent Assessment
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