- Apr 15 2023
Table of Contents
For most homeowners, a storage unit is a necessity. It helps us when downsizing, decluttering, and organizing our homes. Since storage units now come in various sizes you can store just anything you want including RVs and boats. At Olympic Storage, we have units of all sizes and our process of renting is simple and fast. Since most companies offer contactless services where you can rent your unit without meeting the management, what happens when you fail to pay? If you’re wondering what will happen to your unit if you fail to pay, the team at Olympic Storage will help answer this question based on the steps we can take if you fail to pay.
The Facility Manager Will Make An Attempt To Contact You
If you miss paying for your storage, the facility manager will contact you regarding the issue. We will use phone calls, emails, and other available means to reach you. Self-storage businesses rely on lien laws that must be strictly followed to avoid small claim court cases.
If we’re unable to reach you, your unit will go into default. Even after this, we will still try to reach you several times to know why you have missed your payment. That’s why it’s critical to update your contact details when you change addresses. We will use email, which you’re not likely to change.
Your Storage Unit Will Go Into Default
If you don’t pay your storage unit bill, the unit will go into default. That means we can take legal action against you. We will send you a notice that you have 30 days to pay or we will take possession of your belongings. If you’re unable to pay rent on time for a reason and you communicate so, we’ll give you a grace period and nothing will happen to your items. If you fail to pay, we will change your storage unit lock and replace it with our own.
The Unit Goes into Auction
If you don’t pay after the grace period, your belongings will be auctioned. The waiting period varies, but it’s usually between 30 and 90 days. During this time, we will still try to reach you for an explanation or possible deal. You can explain yourself and we can strike a deal that works for both of us.
Things you can do to make things better before losing your unit
The only thing you can do to avoid losing your things or your unit is to pay your debts. You may be able to stop or slow down the process if you cooperate with the unit management. Picking up calls and responding to emails shows you’re committed to paying the debt, especially when you explain your situation. Also, make sure you update your personal details, including your next of kin, to ensure we have your updated contacts. We also recommend renting storage units according to your needs. Bigger units are much more expensive.
Reach Out Today!
Your storage unit is like your mini-home. If you rent one and fail to pay, you’re risking losing all your property, which is more valuable than the rent amount. Otherwise, you don’t need storage for items you don’t need. If you’re looking to rent one, feel free to contact us and our team will be happy to help.
