Tuesday, February 22, 2011

Late Assessment Notices (1-2) & Fox Management Group Defaults, OWES OVER $39,000! (#623)

As of today, Feb 22nd, we still haven't received the monthly assessment notice that was due no later than the 20th of the month.
Fox Management Group has become famous for this "accidental" late delivery, which mimics credit card companies' deliberate late mailings in order to create late fees for additional revenue!

Tuesday's total for Fox Management Group's still-unpaid bill from July, 2008 (over two years ago!)...$39,249.90 from an original $75!
(Monday was Presidents Day, a holiday.)
They've broken the $39,000 level!
Now that the 1% per workday cumulative late fee is over $380, it's really mounting up, at a rate of $1950+ a week! That's over twenty-four 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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