There are certain bills that homeowners prefer not to pay, and the annual or monthly assessment may be one of them. I know that because I am one of them! Diana Kennedy (paralegal) from the Charlotte law office of Moretz & Skufca, gives you an in-depth review of why it is necessary to pay your HOA assessment, and what the consequences are for not paying. It is important to work with the management company to pay your balance and not to incur legal fees. Read more to find out how the assessment funds are used and how to avoid the collection nightmare.