Monday, January 31, 2011

The Dec Minutes (4) & Fox Management Group Defaults, OWES OVER $33,000! (#608)

More from the minutes...
"Foreclosure on '58 Unit 2E-Foreclosure papers sent October 2010. XX Properties will be marketing the unit for sale [or rent]. The bank pays assessment from August 1, 2010 forward. The new owner pays assessments for period during the court actions (2/18/10-8/18/10)"
...which contradicts a later statment...
"Delinquencies-None"
But, there are six months of delinquencies unpaid and on the books! She said so earlier!
Did I miss something?
The unit is now up for sale, as of yet unsold. There's no "new owner" yet. Thus the 6 months of unpaid assessments are still unpaid!
And if they're unpaid, how many other old assessment delinquencies are there?

More tomorrow...


Monday's total for Fox Management Group's still-unpaid bill from July, 2008 (over two years ago!)...$33,807.94 from an original $75! They've broken the $32,000 level!
Now that the 1% per workday cumulative late fee is over $330, it's really mounting up, at a rate of $1650+ a week! That's over twenty-one times the amount they originally owed!
It's over 600 (SIX HUNDRED) late charges, and now the amount (with late fees) is over 400 times the original bill...
Is that just pitiful, or what?
I hope for her sake that Mara's better with her library books and DVD rentals! ;-)

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Thanks for your input.