› Flat Chat Strata Forum › Levies and Unit Entitlements › Can’t pay, won’t pay › Current Page
Gosh, I feel like a cold hearted person for saying this – but sorry, you just have to pay up, and OC should initiate bankruptcy proceedings to recovery levies. If the OC has a consistent policy of chasing up levies, all owners will realise that falling behind will result in consequences. Strata levies are like taxes, they are not negotiable. Potential owners should consider their ability to pay the levies before buying into the plan. If the owner's circumstance change and they can no longer pay, then they need to consider alternative accomodation (move out to somewhere cheaper, and lease the relevant property to a higher income earner until it can be sold). I know this sounds cold, but upkeep of the property is everyones responsibility and freeloaders can't be tolerated.
The government should consider legislating a process that makes the bankruptcy process easier/quicker where it is because of non-payment of strata levies.
Warm regards, S Jones