Since assessments are fees for maintenance and use of utilities and not consumer debt, many association board members wonder if their communities are subject to the Fair Debt Collection Practices Act (FDCPA). Some may be surprised to learn most state and federal courts consider assessment to be “debts” according to this definition:
Fair Debt Collection
Since assessments are fees for maintenance and use of utilities and not consumer debt, many association board members wonder if their communities are subject to the Fair Debt Collection Practices Act (FDCPA). Some may be surprised to learn most state and federal courts consider assessments to be "debts" according to this definition: A debt...
Maryland condo groups battle banks in bid to collect dues first
News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network
How do you keep up with changes in ownership to ensure the billing is accurate?
We not only coordinate with realtors and closing attorneys in your area, but we also do a current owner title search whenever we receive returned mail. This ensures we have the most current information available to bill and collect HOA fees from your owners.
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