A recent study conducted sponsored by a major credit repair firm and conducted by Harris Poll asked specific questions related to what people understand about credit scoring, how they are arrived at, and the information that is taken into consideration to determine them.

The study revealed some surprising information.  Eventhough credit scores affect Americans in many important ways including the price they pay for credit and insurance many people are mis-informed about the entire process.  This is shocking as your credit score can not only affect your ability to get credit but also impact on your ability to obtain employment.

In my journeys through the community association world I go to a lot of conferences, seminars, board meetings and read hundreds of articles about how to best manage and govern a community association.  It has almost become a cliché that communication is the most important aspect in managing an association.  While I don’t disagree, I also believe that information and facts are just as important and it is a commodity that is sorely lacking. Plainly stated Solid Information Is Critical

Although this article may seem to be Florida specific it relates to all community associations throughout the nation.

On July 1, 2014 in Florida a new law goes into to effect that was legislated under HB 807 to section 718.111(12) of the condominium act.  This new law obligates “outgoing board members to return all official records … to the incoming board.” Now as benign as this may seem it speaks to a greater problem and that issue is: Where are all the association’s records?   Why did the legislature have to go out of its way to create a specific law to obligate a proper transition from one board to the other?  There must be a problem here.

As a collection agency for community associations, I meet with a lot of boards and am usually greeted with some good natured humor about debt collecting. Television and film have given us a vast amount of stereotypes to choose from that range from a gangster with a baseball bat to a foul mouthed outbound caller. I gently advise the boards that, contrary to their wishes, I will not break anybody’s legs nor will I harass anybody, because both actions are highly illegal and not at all effective. Yet, I do promise resolute action that one may consider aggressive. So what is aggressive community association collections?