Cancel unpaid membership subscriptions automatically

Hi there.

I’d like to use your plugin to build a photo club membership site. In order to get into the club, users have to pay a subscription fee that has to be renewed every year. If a user doesn’t renew his membership before a specific date, its membership should be automatically cancelled (limiting, disabling or deleting the user).

My question is, is this supported by your plugin? The club is expected to have a membership of about 300 and manually cancelling those whose payments don’t renew would be a bit of a hassle.

Thanks in advance