What Happens When Storage Unit Fees Aren't Paid?
Renting a storage unit is a great way to eliminate clutter and ensure your belongings are secure. However, it's crucial that you keep current on your monthly payments, or your belongings could be in jeopardy. Facility managers have protocols they must follow when payment is not received, including selling off the contents of the unit after a certain amount of time has passed. Here's a closer look at why it's essential to avoid letting back payments build up.
3 Steps to Expect When You Don't Pay Fees for Personal Storage
1. The Contract Will Go Into Default
All reputable facilities have customers sign a contract, which contains some important terms and clauses. Virtually all storage contracts include language about missed payments and what will happen as a result.
In most cases, facilities wait a period of 30 days before taking action over missed payments. If you go beyond the default period stated in your contract, the facility will take over your unit and bar you from accessing it until an arrangement has been made.
2. The Storage Facility Will Attempt to Call You
The good news is that it's in the best interest of the facility to get you current on your bills again. As a result, they're usually willing to work out a payment plan or agreement when a customer runs into financial trouble.
Taking over a storage unit is a lot of responsibility, and most facility managers would rather spend time assisting customers. Additionally, the legal process for assuming control of a defaulted unit is pretty intensive, so recouping outstanding money owed is often preferred. Therefore, it's best to have a friendly and productive conversation with the staff when they call.
3. The Belongings Will Be Put Up for Auction
If you're unable to work out an agreement, the facility can put your belongings up for auction after a legally specified period, often 90 days. At this point, you will receive a certified letter informing you of the auction and details like the date and location. If the auction produces more money than what you owed, you may be entitled to the difference. If the auction doesn't cover your outstanding payments, you will be responsible for the remainder.
Along with their state-of-the-art facility and sizable storage units, Continental Self Storage is also well-known for their quality customer service. Since 1984, they have kept their rates manageable so that all their customers can enjoy safe, convenient storage. Their units are available in a wide range of sizes with amazing amenities like climate control and monthly contracts. They even offer discounts on long-term contracts for your peace of mind. Visit the website to learn more about their convenient locations in Chatham, Bryan, and Effingham counties. Reserve a unit by calling the Richmond Hill, GA, office at (912) 756-6279.