No Collections Planned?

The 2026 Proposed Budget, published on the HOA's website, shows $0.00 for Bad Debt Recovery (Line 4099).

Accounts Receivable (Line 1205) are $703,252.57 on the Financial Operating Results, as of January 31, 2026. These Results were distributed at the March 3, 2026 Board Meeting but have yet to be posted on the HOA's website.

Does the $0.00 in the Budget mean that the Board expects to collect ZERO from the Association's deadbeats?

For years the monthly financial reports (produced by CAMS) carried this line, "Collection activity is currently being conducted in accordance with Association policy."

For years I claimed that there was something wrong with either the "collection activity" or the "Association policy" or both!

One past director said, "We are not in the business of putting people out of their homes"; meaning, the HOA was not going to foreclose on delinquent homeowners.

My response to that was, "The HOA is a South Carolina non-profit corporation. It is not a charity!"

If a delinquent homeowner does not pay his dues and does not make and comply with a Payment Plan, why shouldn't the HOA foreclose? 

The HOA has not reported to Members (homeowners) in at least eight years just how bad the delinquencies are. Failing to report is fiduciary irresponsibility. 

Why do Members tolerate that?

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