Every condominium and homeowners association depends on timely payment of assessments. Those funds are used to purchase association insurance, manage the association, take care of landscaping, and maintain property. When an owner doesn’t pay their assessments, all other owners must make up for that delinquency.
Community Association Law Group helps associations collect delinquent assessments in a unique way. First, any attorney fees or collection costs are billed directly to the delinquent owner.
Second, the initial attorney fees are minimal. Collection firms which immediately charge $500 to the debtor in attempting to collect a $100 debt greatly reduce the chances of a quick resolution. That’s why Community Association Law Group keeps the initial attorney fees and costs at a minimum.
Lastly, board members or managers are given access to an online portal to view the real-time status of every collection account with their association.
What attorney fees will be charged to the delinquent owner?
1. Initial setup (title search, bankruptcy search)
2. Lien filing
3. 30 day demand letter
4. 10 day demand letter
5. Lawsuit
6. Payment Plan Setup
6. Release of Lien
7. Additional correspondence, phone calls, etc. – attorney or staff normal hourly rate
