WSOCTV.COM: New bill would garnish tax returns for past due HOA fees
May 1, 2015
NORTH CAROLINA — Under North Carolina law, if you live in a neighborhood that has a homeowner association and you don’t pay your dues, that HOA can foreclose on your house.But now a new bill has been introduced in the North Carolina Legislature that would strip HOAs of their ability to foreclose.
Instead it would open up a legal avenue for associations to try to satisfy debts owed to them including garnishing state income tax returns.
The idea is to keep people from losing their homes because they haven’t paid their HOA fees.