Collect Delinquent Condo fees

Posted by on May 2, 2012 in News | 0 comments

Collect Delinquent Condo fees

We often collect delinquent condo fees from lenders which seek to pay our associations as little as possible.  Lenders often argue that they need pay no more than six months of delinquent condo fees and no late fees.  For this reason it is important for associations to forward a statement to my office for collection as soon as the debt is at least $500.00 or three months of delinquent condo fees.