Homeowners associations owe a fiduciary duty to collect delinquent assessments. While the assessment collections process can be difficult, it is a necessary evil to ensure the financial stability of the association. The good news is that there are several options available for your homeowners association to collect on its past due assessments, and our assessment collection team has the tools and experience to guide your through the process.
Our collections team has more than two decades of experience in HOA assessment collections. We can assist your HOA through every stage of the assessment collections process including:
Pre-liens
Liens
Pre-litigation notices
Judicial foreclosure
Non-judicial foreclosure
Small Claims Court
Payment plans
Escrow demands
Money judgments
Post-judgment enforcement
Bankruptcy challenges.
Every HOA and debtor are different. We will dedicate our time to analyze and advise the Association as to the best approach to collect its assessments. We are responsive, caring and successful in collecting assessments for the HOAs that we represent.
If your community needs an assessment collections proposal, please reach us at: collections@flanaganhoalaw.com