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No. A Card can/will be canceled only when there are no dues against the card and hence charging interest after the card is canceled cannot be done.
Yes you can. If you have the funds available, you can pay off the whole balance before the 'dues date' - and accrue no interest or charges.
Security for a loan so the loan is secured by property, vs unsecured-more risky for creditor. Whenever, any borrower intends to raise a loan, or financial advances, either from the Creditor, or from the Banks, any prudent Creditor would like to secure the interest. It is, therefore, that the Creditor would ask to mortgage the property in exchange of financial advances being granted, or sanctioned. The Borrower, therefore, offers the property by way of "equitable mortgage" so as to secure the interest of the creditor. The very process is called the mortgage. And the property that is being mortgage is called the "collateral security". In case, the Borrower does not repay the debt due and payable, including cost, charges and interest, the secured creditor would be legally entitled to auction the property or sale away and recover the dues. The public sector banks recover the dues by auctioning the property that is equitably mortgaged.
yes, asking for monthly dues for a community park.
If you had any dues pending to the bank then they can. Otherwise they cannot.
It won't. Homeowners insurance is protection from sudden accidental losses, it does cover association dues.
If your assessments and dues were overdue when you paid them and if the homeowners association has the right to assess overdue fines then the answer is yes.
Tything Dues
Tything Dues
They are typically TOO MUCH and are charged monthly!
Read your contract.
Removing a lien or liens does not require covenant amendment. It will be easier for the board not to file a lien in a given situation, than to remove this collection tool from its options. Assessments -- not dues -- are owed by owners and pay for the operation of the community.
Only items reported to the credit bureau (s) can be "charged off" after a foreclosure and that is up to the creditors descretion. Items are discharged after a bankruptcy, not foreclosure (two separate things -- although a foreclosure can happen within a bankruptcy) Usually what happens in a foreclosure is that the assoc. dues that are in arrears are paid from proceeds at sale closing and the new owners will start fresh.
membership dues and contributions
No. A HOA is not considered a business.
legally yes
It depends on the specific rules and regulations of the homeowners association (HOA) in question. Some HOAs may require homeowners to pay dues even if their home is under construction, while others may exempt them from paying until the construction is complete. It is important to review the HOA's governing documents or consult with the HOA directly to determine their specific policies regarding dues for homes under construction.