What Happens When Owners Don’t Pay Their Levies?
Levy contributions aren’t optional extras – they’re the backbone of your Scheme’s financial health. When owners fall behind, the consequences go beyond the defaulter.
Unpaid levies can result in:
- Cash flow strain, making it harder to pay for essential services like utilities, security, cleaning, and maintenance
- Delayed projects and repairs due to unavailable funds
- Increased pressure on compliant owners, who may need to absorb the shortfall
What actually happens when levies remain unpaid?
- Interest may be charged, depending on the Scheme’s Resolutions
- If mandated, a registered debt collector may issue reminders, arrears notices, and final demands
- Legal handover follows if payment remains outstanding—this could include Judgment against you, blacklisting and the sale of your propert
- CSOS referral – for an Adjudication Award granted against you
Don’t delay recovery processes – early intervention is key.
ANGOR is able to assist schemes under their management with referral to reputable and reliable debt collectors