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.