09/09/2026
It is best practice to keep on top of outstanding debts and address them as soon as possible. However, under Qld Legislation, the Body Corporate is only required to send a debt to debt collection after two years of outstanding payments. When these debts are left unpaid for an extended period of time, the pressure on the owner increases.
At SMG, we provide the owners with notice 30 days before the levy is due to be paid by the owner. A reminder is sent to the owner 5 days after the due date. If it is not paid within 19 days, they receive a notice that the debt remains unpaid, and 33 days later they will receive another notice. From there after 47 days, the will receive a final notice stating that the debt remains unpaid.
We will attempt to contact the debt owner by telephone or email if it remains unpaid after that period. In the end, we will approach the committee to determine whether they wish to see the matter taken to debt collection. A lot owner will be charged the collection costs if it is sent to debt collection.
Read more: https://www.stratamg.com.au/body-corporate-arrears-management/
https://www.stratamg.com.au/contact/
(07) 3267 1888
