Friday, April 22, 2011

Assessment Billing Late & Fox Management Group Defaults, OWES OVER $59,000! (#665)

Just as credit card companies send their billing late to consumers in order to generate late fees when the hapless card users send it back to them, Fox Management continues it's similar tradition.
The billing, due on the 20th, still has not arrived.
If payment is late, Fox imposes a $25 late fee.
Logic dictates that Fox is either...
  • Totally inept at dealing with paperwork and sending billing out or
  • Is doing this deliberately to generate late fees.
Judge for yourself.

UPDATE: Today's (4/22) mail arrived with the assessment billing.
The envelope's postmark is "April 21st", at least two days after it should have been mailed.
Further proof of either incompetence or deliberate malfeasance on Fox Management's part.

Friday's total for Fox Management Group's still-unpaid bill from July, 2008 (almost three years ago!)...$59,724.34 from an original $75! 
They've broken the $59,000 level!
Now that the 1% per workday cumulative late fee is over $590, it's really mounting up, at a rate of $2900+ a week! That's over thirty-six times the amount they originally owed!
It's over 650 (SIX HUNDRED FIFTY) late charges, and now the amount (with late fees) is over 670 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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