Collecting late assessments can be burdensome for those who must take on this duty, especially if a home lien is in the midst. However, collecting late assessments doesn’t have to feel burdensome if you do so in a consistent, legally binding and effective manner.

SNAP collections agency in Florida is aware and understands that this task is not easy; however we want to ensure that the process is handled correctly and smoothly. We have provided a few tips in order for you to collect your late assessments and be successful in the process.

When interviewing a new service provider for an association, one of the first questions asked by the board of directors is: “How long is your contract for?” For most vendors there is an absolute beginning and a defined end to their tenure as service providers, but for a collection solution this is a much harder question to answer. If the board of directors is satisfied with their choice of collection solutions be it an attorney or a collection agency and they do not dismiss them the end of the agreement for services is almost impossible to predict because it depends exclusively on when the delinquent units “settle out.”

A written delinquency policy is crucial to have in every community. Typically, this type of document consists of any information regarding delinquencies within the community, along with the consequences for continued non-payment of maintenance fees.