Why a specialized Collections Company Makes Sense for Your Community Association

Written by Mitchell Drimmer on April 17, 2014. Posted in COLORADO COMMUNITY ASSOCIATION COLLECTIONS, COMMUNITY ASOCIATION COLLECTIONS WHITE PAPER, COMMUNITY ASSOCIATION COLLECTIONS, CONDO COLLECTIONS, CONDOS, FLORIDA COMMUNITY ASSOCIATION COLLECTIONS., HOA COLLECTIONS, HOAS, MARYLAND COMMUNITY ASSOCIATION COLLECTIONS, SNAP COLLECTIONS, VIRGINIA COMMUNITY ASSOCIATION COLLECTIONS, WASHINGTON D.C. COMMUNITY ASSOCIATION COLLECTIONS

Why A Specialized Collection Company Makes Sense For Your Community Association

In good times or bad times community associations (Condos and HOAs) will experience some level of delinquencies that affect the entire association. As a not for profit business your association depends on timely payments every pay period to maintain services to members of the association. Failure to effectively act on a delinquent account does a disservice to the community and to the delinquent member as well. By allowing a member of sink deeper and deeper in debt the association only makes it more difficult for them to remedy their problem.

SNAP Collections Wins Readers Choice Awards for Community Association Collections

Written by Mitchell Drimmer on January 21, 2014. Posted in COMMUNITY ASSOCIATION COLLECTIONS, CONDO COLLECTIONS, CONDOS, FLORIDA COMMUNITY ASSOCIATION COLLECTIONS., HOA COLLECTIONS, HOAS, SNAP COLLECTIONS

Highly Unusual Win for a Collection Agency by Association Financial Services, L.C.

Palm Beach, FL (PRWEB) January 09, 2014

SNAP Collections has won the annual Readers Choice Awards for financial services sponsored by the Florida Community Association Journal and Florida Community Association Professionals. “This comes as a complete surprise to us, but is not undeserved,” said Mitch Drimmer, VP of Business Development at SNAP Collections by Association Financial Services.

Community Association Collections and Lists Of Delinquent Owners.

Written by Mitchell Drimmer on September 21, 2013. Posted in COLORADO COMMUNITY ASSOCIATION COLLECTIONS, COMMUNITY ASSOCIATION COLLECTIONS, CONDO COLLECTIONS, CONDOS, FLORIDA COMMUNITY ASSOCIATION COLLECTIONS., HOA COLLECTIONS, HOAS, SNAP COLLECTIONS

I recently posted a question on a few social media groups that are exclusive to the community association. In this question I asked; “How can the good paying members of a community association know who is delinquent in paying their maintenance fees?” It was a simple enough question, or so I thought, because the response was plentiful and a heated debate ensued.

Many felt that such information was not and should not be available to the members of the association. Others pointed out that in some states financial information, regardless of its content, must be made available to every member by statute. Some felt that it was a violation of the FDCPA (which is not so because a first party creditor (the association) is not subject to the FDCPA). So as far as the access to such information I would say that every state and almost every association needs to look at their bylaws as well as their local community association laws. So access is still a debatable issue, and I was not surprised by the responses. What came next, while not totally a surprise and to a large extent sad.